No. 12



Financing For Blue Stream Project Moves Forward

Financing for the Blue Stream underwater natural gas pipeline in the Black Sea has moved ahead with the announcement this week that a total of $2bn has been earmarked for the project. The Italian credit export agency SACE has confirmed to MEES that a $1bn guarantee is in the process of being finalized for a loan that will be extended to the Blue Stream Pipeline Company BV, a joint venture between Eni and...