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ADIB in $300mln Shah Gas backing for Al-Jaber

Posted on 27 August 2010

From Tradearabia.com: Abu Dhabi Islamic Bank (Adib), a top-tier Islamic financial services group, has provided financing facilities to Al-Jaber Energy Services (AJES) for the amount of $300 million to finance Shah Gas project.
The project was awarded to AJES by Abu Dhabi Gas Development, a subsidiary of Abu Dhabi National Oil Company (Adnoc) and is part of the $12 billion Shah sour gas field development which is essential to meet Abu Dhabi’s surging gas demand……………………………………….Full Article: Source

 
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