VOL. XLV
No 34
26-August-2002
EGYPT
ELNG Project Seeking $1.15Bn In Financing
The sponsors of the Egypt LNG project (ELNG) areseeking $1.15bn worth of project financing, with the figure representing theplanned completed development cost, including interest during construction, MEES understands. They hope to receivemore than a third, or $450mn, from the European Investment Bank (EIB) whichwould provide direct political risk cover of $225mn in addition to EIB痴 participation itself being an...
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