Slight Fall in Oman LNG Revenues

published:05/07/2020 04:25 GMT

Majority state-owned Oman LNG achieved revenues of US$3.485 billion in 2019 – a year characterized by a new production high, record cargo deliveries and the start of a landmark rejuvenation program targeting the company’s Qalhat liquefaction complex Earnings were marginally lower than the previous year’s high of US$3.505 billion, the company stated in its newly published 2019 Annual Report. However, Net Income After Tax (NIAT) was higher at US$1.112 billion last year, up from US$1.079 billion...More