Oman LNG Pays a $2 B Loan in Advance

Oman LNG Pays a $2 B Loan in Advance

Oman Liquefied Natural Gas (LNG) has developed all its facilities with a $2 billion payment ahead of its time, Zawya announced.

“The early repayment of the loan by Oman LNG demonstrates the financial robustness of the company and confidence in the oil and gas industry and Omani economy at large. The oil and gas industry provides a great investment opportunity like other sectors of the Omani economy,” Omani Minister of Oil and CEO of Oman LNG, Mohammed Al Rumhy, said.

The loan was paid in advance and before the facilities reach their maturity in order for Oman LNG to remove any of its financial burdens and support Oman’s credit rating.



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