Middle East Economic Survey
VOL. XLVIII
No 20
16-May-2005
MEES Agenda
Equator Principles Become Accepted Gulf Project Finance Standard
The Equator Principles (EP) are rapidly becoming a de facto standard for oil and gas project finance both in the Gulf and worldwide, as the number of adopting banks has virtually tripled. Proponents of the EP say they herald a new era of responsibility by banks, ensuring that projects seeking financing will adopt the highest environmental standards. Detractors...
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