#Oman's OQ invites banks to pitch for gas pipeline network IPO - sources | Reuters

Oman's OQ invites banks to pitch for gas pipeline network IPO - sources | Reuters

Oman's state energy company OQ is considering an initial public offering of its gas pipelines network, four sources with knowledge of the matter told Reuters.

The company has invited local and international banks to pitch for roles in a potential offering, according to the sources, who declined to be named as the matter is not public.

OQ did not immediately respond to a request for comment when contacted by Reuters on Monday.

The company is considering local listings for some of its downstream and upstream assets but has no plan to float the parent company at present, a senior executive told Reuters in November. read more