Oman LNG, Qalhat LNG in merger talks | Oman Observer

Oman LNG and Qalhat LNG, which together own the three liquefied natural gas trains at Qalhat near Sur, are discussing a possible merger, the Middle East Economic Survey (MEES) reported yesterday.
The highly regarded weekly’s Gulf Editor, Nick Wilson, quoted Oman LNG’s General Manager and CEO, Dr Brian Buckley, as saying that a merger could give the Sultanate more weight in the global LNG market.
A potential union would not only cut costs, but also address perceptions of competition between the two majority government-owned LNG firms, Dr Buckley is reported as adding. MEES also quotes an unnamed official of Qalhat LNG as stating that a merger deal between the two LNG producers could be sewn up within 6 to 12 months.

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