Orpic Closes on Syndicated Loan Facility To Help Fund Current Growth Projects

摘要

Muscat— Oman Oil Refineries and Petroleum Industries Co. (Orpic) announced the successful closure of a 350-million Omani Rials corporate loan syndicated facility, which will be used to support the company's current growth projects. "As the only refining and petrochemical business in Oman, we have mandate to supply and meet Oman's fuel requirements, now and into the future," said Orpic Chief Financial Officer Nazar Al-Lawati. "We are grateful to be granted this corporate facility, which will go a long way towards meeting corporate requirements and realizing our company vision," he added.