Middle East Economic Survey

VOL. XLVIII

No 25

20-June-2005

egypt

ELNG Train Two Financing Announcement Expected Within Weeks

Bids from potential mandated lead arrangers (MLAs) were submitted on 10 June for financing of the second train at the Egyptian LNG (ELNG) plant in Idku and banks are expecting to hear an announcement on the winners within the next couple of weeks, MEES understands. The financing for the facility has been delayed. The request for financing was originally expected to go out...