VOL. XXXVI
NO. 7
16-NOVEMBER-1992
OMAN
Oman Launches $9bn LNG Joint Venture Project
The Omani Minister of Petroleum and Minerals, Mr. Sa'id bin Ahmed al-Shanfari,announced on 11 November that Oman's $9bn LNG joint venture has now beenlaunched and that exports are targeted to start in the middle of 1999. Theproject will comprise an upstream venture - operated on behalf of the governmentby Petroleum Development Oman (PDO) - and a downstream joint venture - for whichan agreement was signed on 6 May...
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