Middle East Economic Survey

VOL. XLIX

No 6

6-February-2006

QATAR

Nakilat, J5 Partners Sign $1.65Bn LNG Ship Finance Deal

Qatar Gas Transport Company (Nakilat) and its J5 venture partners Mitsui OSK Lines (MOL), Nippon Yusen Kabushiki Kaisha, Kawasaki Kisen Kaisha, Mitsui and Iino Kaiun Kaisha signed an agreement with financiers on 26 January to receive a $1.65bn loan. The margins on the deal are 45bps pre-delivery and 60bps post-delivery, with tenor extending for 12 years post-delivery, MEES...