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SG masterminds Algerian oil deal

01 October 2001

Read more: export finance export finance ECA export credit

SG is acting as the sole arranger for a a250 million ($227 million) export finance loan for the Algerian state energy company Sonatrach. In line with a growing trend, the facilty is a multisource. It will help Sonatrach to build pumping stations and terminals along its oil pipeline that is under construction to link Haoud el Hamra to the oil terminal at Arzew.

The six stations will be built...


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