Oman's OQ Gas Networks plans biggest IPO in Muscat in almost two decades

Oman's OQ Gas Networks plans biggest IPO in Muscat in almost two decades

Photo by Vladimir Solomianyi on Unsplash.

Oman’s OQ Gas Networks (OQGN), the pipelines business of state oil giant OQ, said on Monday it planned to float up to 49% of its shares, in what is expected to be the biggest initial public offering in the sultanate in almost two decades.