Middle East Economic Survey

VOL. XLVIII

No 3

17-January-2005

First Financing Of Iranian LNG Project To Take Structured Route

The first ever financing of an Iranian LNG project is to take the structured rather than project finance route,MEES learns. Used successfully in Irans petrochemical industry in the last four years and more recently in the upstream gas sector, this type of transaction typically takes less time to close than project finance. Structured financing characteristically involves...