Features

Analysis, interviews, roundtables, reports and more on the topics that matter to you.

Analysis
04 March 2022

ANOPC: A partial sovereign solution

Region:
Middle East & Africa
Max Thompson
Max Thompson
Deputy Editor
Egypt’s state-owned oil refiner Assiut National Oil Processing Company (ANOPC) sealed an innovative $1.5 billion ECA-covered loan to back the Assiut oil refinery expansion project last month. The deal provides a viable financial template for future Egyptian projects that lack a sovereign guarantee to cover the entire financing.

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