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Spotlight | Oman, Saudi Arabia
Renewed optimism for Saudi-Oman pipeline checked by doubts over western financing

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Maintenance operation on a gas pipeline in Saudi Arabia, on September 2015.
Maintenance operation on a gas pipeline in Saudi Arabia, on September 2015. © Richard Ashworth/Robert Harding Heritage via AFP

Secret negotiations for a new Saudi-Oman infrastructure project were exposed during a TotalEnergies investor presentation last week. Mooted many times previously, but now acquiring more urgency, the scheme is said to be facing financing challenges centring on Riyadh's intransigence over repayment guarantees.

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