Wed, Aug 20, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Saudi lends Satorp $1.3 bln to finance Refinery, SPA Says

Posted on 26 October 2010

From Bloomberg: Saudi Arabia’s Public Investment Fund gave a $1.3 billion loan to Saudi Aramco Total Refinery & Petrochemical Co., known as Satorp, to finance part of its 400,000 barrels-a-day Jubail refinery, the Saudi Press Agency reported.

Saudi Aramco has a 62.5 percent stake in the $5.1 billion joint venture with Total SA, which owns 37.5 percent, SPA said…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14601 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031