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Perspective
01 March 2022

ANOPC: A partial sovereign solution

In:
Oil & gas
Managing Editor
Egypt’s state-owned oil refiner Assiut National Oil Processing Company sealed an innovative $1.5 billion ECA-covered loan to back the Assiut oil refinery expansion project last month. The deal has provided a viable financial blueprint for future such projects without a sovereign guarantee to cover the entire financing.

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