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Update: Barzan debt out to banks

23 August 2011

With export credit locked in for Qatar’s Barzan gas project, banks must finalise their financing proposals.

Read more: export credit agency Barzan Qatar Qatar Petroleum Sace Nexi JBIC Kexim Qatar gas project

Banks have until next Monday, 29 August 2011, to respond with financing proposals for a $4.5 million debt package for the Barzan gas project in Qatar.

The debt which comprises export credit agency (ECA) funding and an uncovered commercial tranche will be the largest internationally syndicated loan from Qatar in three years, reports Reuters.

The export credit agencies of Italy (Sace), South Korea (Kexim) and Japan (Nexi) are tipped to...


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