(EnergyAsia, July 19 2012, Thursday) — China’s Export-Import Bank has agreed to lend US$1.13 billion of the US$1.68 billion needed by Kazakhstan for the upgrade of its largest and oldest oil refinery in Atyrau province.With the 13.5-year loan, state oil and gas firm KazMunaiGas will add an 48,000 b/d unit to enable the 100,000 b/d…
KAZAKHSTAN: Chinese state bank to lend US$1.13 billion for Atyrau refinery upgrade
Posted on July 19, 2012 by EnergyAsia