Middle East Economic Survey

VOL. XLVIII

No 26

27-June-2005

Qatar

Qatargas-2 Syndication Attracts 18 Banks

The syndication for the Qatargas-2 financing, which has been completed, but not yet signed, has been successful, attracting 18 banks which have committed to provide $550mn, MEES understands. It has exceeded expectations that it would attract $200-300mn, commented a banker. The list of banks includes Helaba, National Bank of Abu Dhabi, British Arab Commercial Bank, Frances CIC, DNB (from...