VOL. XLI
No. 27
6-July-1998
SYRIA
Apicorp Extends $50Mn Loan To SPC For Central Area Gas Project
The Saudi-based Arab Petroleum Investments Corporation (Apicorp), the joint-stockcompany affiliated to the Organization of Arab Exporting Countries (OAPEC), has extended aloan of $50mn to the state-owned Syrian Petroleum Company (SPC) to help finance Phase IIof the Central Area Gas Project in the Palmyra region of Syria. The loan agreement wassigned in al-Khobar on 28 June. Apicorp had previously...
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