(EnergyAsia, May 26, Tuesday) — Petrobras, Brazil’s state oil and gas giant, said it could be in line for more credit from China Development Bank (CDB) after concluding a loan deal with the bank for US$10 billion for 10 years. Petrobras said the loan will be used to finance its massive $174.4 billion plan to…
CHINA: Brazil’s Petrobras obtain $10-billion credit line from China Development Bank (CDB)
Posted on May 25, 2009 by EnergyAsia