Kexim support for Iraqi gas field project

The Akkas Gas Field Project in Iraq, where South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is working, is to receive $117 million in guarantees from the Export-Import Bank of Korea (Kexim). The project, which is partly sponsored by Kogas Akkas, a special-purpose vehicle set up by Korea Gas Corporation, involves the construction of a central processing facility at the Akkas Gas Field in Anbar Province, Iraq.

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