VOL. XXXIX

No. 45

5-August-1996

QATAR

Japanese Eximbank In $550Mn Loan To Qatargas

The Export Import Bank of Japan has provided a $550mn limited recourse loan to Qatargas LNG to finance the construction of a third LNG train which will supply seven Japanese electricity and gas utility companies with a total of 2mn tons/year. The loan will cover 70% of the total cost of the train, with the rest of the funds coming from the equity participants in Qatargas - the Qatar General Petroleum...