Compass Bank finances Cyprus-Russia connection
US Ex-Im Bank has approved the request of Compass Bank of Phoenix for an US$837,828 comprehensive medium-term insurance policy to support the US$925,000 sale of a used air vessel for shallow water seismic operations to Petro Alliance Services Ltd of Cyprus for use in the buyer’s oilfield operations in Russia. The US small business exporter is Reservoir Geophysical Corp. The broker is Penn International Insurance of San Antonio.
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