Middle East Economic Survey
VOL. LII
No 7
16-Feb-2009
UAE
Abu Dhabi Hydrogen/CO2Project Financing Faces Delays
Project financing for the Abu Dhabi hydrogen/CO2 venture the first industrial scale plant of its kind in the world is now facing delays due to a hold up in completion of the commercial arrangements, MEES learns. When it was announced in January last year an early 2009 approach to lenders was anticipated, but until the structure is completed, the necessary covenants to allow project...
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