Korea EximBank Providing Funding For Orpic's NGL Extraction Facility

摘要

Seoul-Korea EximBank will provide $370-million in financing for a natural gas liquids (NGL) extraction unit being built as part of Oman Oil Refineries and Petroleum Industries Co.'s (Orpic) Liwa Plastics Industries Complex in Sohar, Oman, according to Business Korea. Being built by a consortium of GS Engineering & Construction and Mitsui & Co., the NGL unit will have a capacity of 670-million standard cu ft/day. Completion is expected in about 42 months (PCN, 21-28 Dec 2015, p 4).