VOL. XLIV

No. 29

16-July-2001

EGYPT

APICORP Mandated For $104Mn Senior Term LoanFacility For Egypts GASCO NGL Project

The Arab Petroleum Investments Corporation(APICORP) announced on 8 July that it had been mandated by the Egyptian NaturalGas Company (GASCO) as Coordinating Arranger to secure a seven-year, $104mnsenior term loan facility to fund GASCOs share of the investment cost of anNGL project to be located near Port Said. Agip and BP are also partners in theproject, which will cost a total...