VOL. XLV
No 7
18-February-2002
IRAN
Iran Seeks Oil Pre-Financing: Offers Crude Oil Collateral ToSecure $1Bn
The Central Bank of Iran (CBI) islooking to secure $1bn in loans from European banks, using as collateral an unspecifiedvolume of crude oil exports under contracts managed by the Naftiran IntertradeCompany (NICO) marketing subsidiary of the National Iranian Oil Company (NIOC).MEES understands that the money is intended to be used by CBI toprovide: backing for two proposed programs for the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!