Middle East Economic Survey
VOL. LIII
No 7
15-Feb-2010
ISRAEL
Israels ORL Secures $900mn In Financing
Haifa-based Oil Refineries Limited (ORL), which operates Israels largest oil refinery, has secured a $900mn financing framework with which to implement its strategic plan and service capital needs over the next four years, ORL said on 7 February. The funding will go towards the completion of a $500mn hydrocracker as well as the refinancing of ORLs debt. As part of the financing, the US Congress...
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