European Bank to help bankroll oil pipeline.(International Highlights)(European Bank helps reconstruction and development)(Brief Article)

From: Pipeline & Gas Journal | Date: September 1, 2004 | Copyright information

The European Bank for Reconstruction and Development has lent a company jointly run by Kazakhstan's oil pipeline operator and China's largest oil and gas group $81 million for a project linking the land-locked nation's oilfields to its main export routes. The 10-year loan will allow Closed Joint Stock Company MunaiTas to refinance debt incurred in constructing part of its 448-km oil pipeline connecting oilfields in the Aktobe region of central Kazakhstan to the Caspian Pipeline Con...