How long can GCC tenors go?

In:

Oil & gas

Region:

Middle East & Africa

Max Thompson

Managing Editor

State-owned borrowers in cash-strapped GCC countries – Oman and Bahrain – have been using ECA-backed debt to push out tenors to around 16-17 years. But can the private sector sponsors of the Al Dur 2 IWPP financing in Bahrain push tenors even further?

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