Middle East Economic Survey

VOL. XLVIII

No 32

8-August-2005

Qatar

Ex-Im Approves $263Mn Cover For Q-Chem-2

The Export-Import Bank (Ex-Im) of the US has approved a $263mn loan guarantee for Q-Chem-2 which will support equipment and engineering services being provided by Technip USA Corp and any other US suppliers and it will also support the projects US sponsor Chevron Phillips Chemical Company (the other sponsor is Qatar Petroleum). The mandated lead arrangers for the projects bank loan were...