VOL. XLV

No 43

28-October-2002

ENERGY FINANCE

Political Risk Increases Uncertainty But Long-Term Prospects For Project Finance Good

As the threat of US military action against the regime of President Saddam Husain continues to hang over the Middle East, the associated political risk has the potential to complicate and delay project finance deals in the region, but the eventuality of a war in Iraq is not a cause of major concern for long-term investments, Mark Yassin, Head of Global Project and...