Middle East Economic Survey

VOL. XLVIII

No 10

7-March-2005

QATAR

SACE Signs Agreement To Provide $400Mn To Qatargas-2 Project

Italian export credit agency (ECA) SACE on 28 February signed an agreement to provide $400mn to the Qatargas-2 project, MEES learns. SACEs signing clears the way for a general syndication, which should take place shortly. It had originally been suggested that SACE could provide up to $600mn (MEES, 31 January). In the end, ECAs are providing a substantial $805mn, of which...