Middle East Economic Survey
VOL. XLIX
No 3
16-January-2006
GCC/REGIONAL
Gulf Energy Financing To Soar Again In 2006
The list of projects seeking financing this year is already growing and EPC costs are continuing to rise. But banks are still awash with capacity and remain keen to take on Gulf risk, so the funding equation looks rea-sonably balanced. Melanie Lovatt looks back at the 2005 project financings and suggests that with high oil prices continuing, banks will face a similar environment in...
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