VOL. XLIV

No 50

10-December-2001

UAE

Regional Finance Gets A Boost FromShuweihat, Oman LNG To Follow

The news that a 20-strongconsortium of international and regional banks led by Barclays Capital hadfully subscribed to a $1.285bn facility for Abu Dhabis Shuweihat independentwater and power project (IWPP) a transaction being closely monitored as abenchmark for other future financings was greeted in energy finance markets,if not with a sigh of relief, certainly with a broad smile. The...