VOL. XLVI

No 37

15-September-2003

ALGERIA

Inter-American Development Bank Approves $135Mn For Perus Camisea Project

The Washington-based Inter-American Development Bank (IADB) on 10 September approved loans worth $135mn for Perus Camisea natural gas project. The IADB will provide a direct 14-year loan of $75mn and organize a 12-year $60mn syndication. The approval follows the rejection by the US Export-Import Bank (Ex-Im Bank) on 28 August of a request made by Peru for a $213mn loan for the...