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Reficar project wins final Ex-Im approval

20 May 2011

US Ex-Im has approved a $2.84 Billion export financing for Colombia’s Reficar refinery project supporting 15,000 US jobs.

Read more: Reficar Ecopetrol Colombia export credit US Ex-Im Colombia US exports Chicago Bridge & Iron Foster Wheeler Honeywell UOP BNP Paribas US Ex-Im

The board of directors of the Export-Import Bank of the United States (US Ex-Im) has approved a $2.84 billion direct loan/loan guarantee to Colombia's Refinería de Cartagena (Reficar), a majority owned and controlled independent subsidiary of Ecopetrol, Colombia's national oil company.

This is part of a $5.18 billion refinery and upgrade project in Cartagena, Colombia supplying petroleum products to the domestic and export markets....


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