Tuesday, April 16, 2013

ORPIC in talks with local banks to raise US$2.5 bln for Sohar refinery expansion, refinance of previous loan

Oman Oil Refineries and Petrochemical Companies (ORPIC) is in talks with two local banks to raise US$2.5 bln to expand its Sohar refinery and refinance a previous loan, as per Reuters. The state-ownedd petrochem major is talking to National Bank of Oman and HSBC Oman to raise the amount.




For more details on ORPIC in talks with local banks to raise US$2.5 bln for Sohar refinery expansion, refinance of previous loan click here

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