Middle East Economic Survey
VOL. LII
No 25
22-Jun-2009
QATAR
Naqilat Secures $950Mn From 17 Banks For LNG Ship Financing
Naqilat, a wholly owned subsidiary of Qatar Gas Transport Company (QGTC), has secured $950mn from 17 international and regional banks. This is a third tranche of funding that allows it to complete the acquisition of 25 LNG vessels, including the larger-sized Q-Flex and Q-Max carriers. Banks signing up to the deal comprise Al Ahli Bank of Qatar, Arab Bank, Bank of China, BNP...
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