Middle East Economic Survey
VOL. XLVIII
No 38
19-September-2005
YEMEN
IFC-SOCO International Credit Facility To Assist Block 10 Development
The International Finance Corporation (IFC) has signed a seven-year revolving credit facility of up to $45mn with SOCO International, an oil and gas exploration and production company with interests in Yemen The financing will help to fund SOCOs growing development investment program in emerging markets, particularly Yemen and Vietnam, said the IFC. Somit...
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