VOL. XLVI

No 32

11-August-2003

ALGERIA

Perus Camisea Gas Project Faces Possible Delays

Perus Camisea gas project may face delays as a result of the US Export-Import Bank (Ex-Im Bank) and the Inter-American Development Bank (IDB) postponing meetings scheduled for 6 August pertaining to proposed loans for the $2.6bn project. The postponements resulted from pressure from environmental groups and some members of the US Congress. The Ex-Im Bank is considering a loan of $213.6mn, while the IDB is...