VOL. XLVI
No 44
3-November-2003
PROJECT FINANCE
Ex-Im Bank Gives Preliminary Approval For $1Bn Credit Line To Sonatrach
The Export-Import Bank of the United States (Ex-Im Bank) announced on 27 October that it has given preliminary approval for a $1bn line of credit to Algerian state-owned Sonatrach to support the purchase of US equipment and services. Ex-Im Banks Board of Directors approved the preliminary commitment to help finance several Sonatrach oil and gas development and optimization...
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