VOL. XLVI

No 23

9-June-2003

QATAR

ENERGY PROJECT FINANCE

Five Banks Sign Syndication Deal For Oryx GTL

Five banks, including ANZ Investment Bank, Commercial Bank, First Gulf Bank, Ahli United Bank and Doha Bank, signed a deal late in May to participate in the syndication of the $700mn loan being provided to Qatar Petroleum (QP) and South Africas Sasol Synfuels (Sasol) Oryx gas-to-liquids (GTL) project. ANZ is taking $30mn, Doha and Commercial Bank are taking $20mn each and First Gulf and Ahli...