HomeJapan to Lend $1.2bn to Iraq for Port, Refinery
Page 1 of 1
Japan to Lend $1.2bn to Iraq for Port, Refinery
kcs Thu Jun 13, 2013 9:06 am
Posted on 13 June 2013. Tags: Chiyoda Corp, Japan, JGC Corporation, Khor Al-Zubair, Refineries, Rumaila, Toa Corp, Toyo Construction, Toyota Tsusho
By John Lee.
Japan has offered a loans of about 120 billion yen ($1.24 billion) to Iraq to build a new refinery and rebuild a port.
Nikkei reports that Japan will initially lend 82.7 billion yen to build a refinery to extract natural gas liquids at the Rumaila oil field, while a second loan of 39.2 billion yen will be used to rebuild the port of Khor Al-Zubair.
Both loans will have a term of 40 years.
JGC Corp and Chiyoda Corp are expected to bid for the Rumaila refinery project, while Toyota Tsusho , Toyo Construction and Toa Corp are expected to bid for the Khor Al-Zubair rebuilding project, the newspaper said.
http://www.iraq-businessnews.com/2013/06/13/japan-to-lend-1-2bn-to-iraq-for-port-refinery/
By John Lee.
Japan has offered a loans of about 120 billion yen ($1.24 billion) to Iraq to build a new refinery and rebuild a port.
Nikkei reports that Japan will initially lend 82.7 billion yen to build a refinery to extract natural gas liquids at the Rumaila oil field, while a second loan of 39.2 billion yen will be used to rebuild the port of Khor Al-Zubair.
Both loans will have a term of 40 years.
JGC Corp and Chiyoda Corp are expected to bid for the Rumaila refinery project, while Toyota Tsusho , Toyo Construction and Toa Corp are expected to bid for the Khor Al-Zubair rebuilding project, the newspaper said.
http://www.iraq-businessnews.com/2013/06/13/japan-to-lend-1-2bn-to-iraq-for-port-refinery/
kcs- Admin
- Posts : 602
Join date : 2012-04-30
Similar topics» Japan gives Iraq a loan of 380 million dollars to develop the port of Khor Al-Zubair
» Zubaidi, Japanese Ambassador for Iraq discuss Japan's loan to Iraq
» Iraq Still Hopes to Award Joint Nassiriya Oilfield, Refinery Deal
» IMF agrees to lend Iraq $ 13 billion
» IMF agrees to lend Iraq $ 800 million within weeks
» Zubaidi, Japanese Ambassador for Iraq discuss Japan's loan to Iraq
» Iraq Still Hopes to Award Joint Nassiriya Oilfield, Refinery Deal
» IMF agrees to lend Iraq $ 13 billion
» IMF agrees to lend Iraq $ 800 million within weeks
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|