Duqm Refinery signs $4.6 billion Sharia-compliant project financing
Oman’s Duqm Refinery said on
Saturday it had signed a $4.61 billion multi-sourced Sharia compliant project
financing agreement.
“The financing is provided by
29 reputed financial institutions from 13 countries; insurance and guarantees
are provided by three major export credit agencies,” Duqm Refinery said in a
Twitter post.
The financing is the largest
project financing and the largest Sharia-compliant facility for a green field
project in Oman, it added.
- Reuters
