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Orpic secures financing for Sohar refinery upgrade

01.05.2014 / Energyboardroom

Oman Oil Refineries & Petroleum Industries Co. (Orpic) has signed a $2.8 billion loan agreement with a consortium of 21 international and national financial institutions to help fund the company’s projects, including the Sohar Refinery Improvement Project (SRIP), which will be 65% debt financed.

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