OTI has recognised that in a constantly maturing and truly global industry, the optimal financing solution for importers, exporters, producers and processors may not always be traditional bank finance. The provision of competitive working capital support and structured finance solutions to our counterparties enables OTI to serve those trading partners across a range of dimensions, maintaining long-lasting relationships that are built on trust and performance. We can utilise diversified funding sources combined with our deep expertise in supply & trading to provide innovative offerings centred on the delivery and/or offtake of energy commodities.
A strong standalone balance sheet and government shareholding structure provides an efficient base for financing ever expanding trading activities, increasing volumes and expanding to new regions. Collateralised and self-liquidating short-term loans are predominantly utilised, secured by the underlying physical commodity to create low risk structures and consequently competitively priced funding. OTI’s principal funding source is a multi-region syndicated Borrowing Base credit facility, successfully refinanced in 2017 at reduced funding rates.
Our long-term access to assets and product flow from Oman delivers stability in returns. This, combined with a clear corporate strategy provides confidence to our financiers to support OTI’s growth into infrastructure investment and new commodities. Our first investment was concluded in 2017 utilising retained earnings generated from trading profits.