VOL. XXXVIII
NO. 32
8-MAY-1995
Qatar
Qatargas Signs $2bn Downstream Loan Agreement
The Qatar Liquefied Gas Company Ltd (Qatargas) signed on 29 April a $1.995bnloan facility with four Japanese banks to finance construction of downstreamunits for a liquefied natural gas (LNG) project. The credit, arranged by Bank ofTokyo, Fuji Bank, Industrial Bank of Japan and Sakura Bank, covers 70% of thecost of building the facilities at the Ras Laffan industrial area, which includea 4mn ton/year liquefaction...
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