VOL. XLV
No 7
18-February-2002
CASPIAN
Kazakoil Signs Loan For RefineryOverhaul
Kazakstans state oil and gascompany KazakOil on 7 February signed a $35.25mn loan with a Marubeni-led syndicatethat will go towards overhauling the Atyrau refinery. Japans Bank forInternational Cooperation (JBIC) has already agreed to provide a $200mn loan inthe form of a 10-year credit with a five-year grace period. KazakOil awardedthe contract to refurbish the refinery in December last year (MEES, 10December 2001)....
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