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Exporting the first shipment of Omani gas to South Korea
Oman, Economics, 4/6/2000
Oman Natural Gas Company decided exporting the first shipment to South Korea today.
Costs of establishing the company reach 2.5 billion dollars.
Omani sources said that the station was establishing and that the second line will begin a month ahead of schedule in the first week of the current month.
The company decided last December that the first production line has been established and the company - 51% of its share is owned by the state - has a contract of 25 years for selling 4.1 million cubic meter annually of liquid gas to Korea and it has also contracts for exporting to the U.S and Japanese companies.
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(3/31/2000)
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