Sector - Oil & Gas
Tatneft closes oversubscribed PXF
Russian oil company Tatneft has completed its oversubscribed US$2bn pre-export finance facility.
Egyptian General Petroleum finalises PXF
State-owned Egyptian General Petroleum Corporation has closed its US$2bn pre-export financing.
Deutsche takes on Smith
Deutsche Bank has taken on Stuart Smith as a managing director and head of corporate commodity sales for Asia, excluding Japan.
Sace reaches Sub-Saharan milestone
Italy’s export credit agency Sace has revealed that it has reached a €1bn milestone of insured transactions in Sub-Saharan Africa.
Brazil and the US forge new link
Brazil’s BNDES and US Ex-Im have signed a framework agreement designed to promote investments and projects in Brazil.
JBIC ups exposure to Vietnamese oil
JBIC has increased oil and gas exposure by signing a memorandum of understanding with Vietnam’s state-owned PetroVietnam.
Gunvor revolver oversubscribes
Oil trader Gunvor has been awarded an oversubscribed US$1.03bn revolving credit facility from a syndicate of 25 banks.
Japanese syndicate funds Saudi oil
A Japanese syndicate has agreed a buyer’s credit agreement for up to US$400mn for SATORP.
Mercuria wins oversubscribed revolver
Energy trader Mercuria has won an oversubscribed US$1.25bn revolving credit facility.
IFC finances Kazakh offshore support
The IFC has offered a US$35mn loan to marine services provider GAC Group for the purchase of up to six supply vessels.
Gazpromneft launches syndication for PXF facility
Gazpromneft has appointed initial mandated lead arrangers and bookrunners in a US$1bn five-year pre-export finance facility.
Qatar: Back on track
In the wake of the Dubai debt crisis, attention has shifted back to Qatar, writes Nicholas Noe.
Where there is oil...
The financing of oil still dominates the Nigerian market. But following a shake-up of the banking system and the overhaul of the government, the landscape for doing business in the country is about to change, writes Rebecca Spong.
Venezuela's PDVSA credit facility syndication closes
State-owned Petroleos de Venezuela (PDVSA) has closed the general syndication of its US$1.5bn trade credit facility.
SG launches new trade team
Societe Generale (SG) is creating a new specialist trade team in Geneva as part of the bank's Zurich branch,

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