News
30 October 2019

RAPID nears signing on final ECA-backed facility

In:
Oil & gas
Region:
Asia-Pacific, Europe

Sponsors of the $15.3 billion Pengerang Refining and Petrochemical Integrated Development (RAPID) scheme in Malaysia – Saudi Aramco (50%) and Petronas (50%) – are expected to sign on the final ECA-backed portion of the debt package backing the scheme imminently. Full financial close is...

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