Orpic Signs $2.8-Bn Loan Agreement For Financing PC, Refining Proiects

摘要

Muscat—Oman Oil Refineries and Petroleum Industries Co. (Orpic) has signed an agreement with a group of local and international financial institutions for a $2.8-billion loan that will be used to finance petrochemical and refining projects, according to local reports. Earlier this year, Orpic said it hoped to raise $3-billion to help fund three major projects and reduce debt (PCN, 10 Mar 2014, p 4).