IHS Chemical Week

Regions :: Middle East

Project financing likely to have shorter maturity periods, GPCA Forum told

11:51 AM MST | December 23, 2009 | News Release

Dubai, December 10 2009: The shorter maturity and the associated refinancing needs are the major risks for project financing in the petrochemical sector as stability returns to credit markets, a senior official of the Central Bank of Bahrain said at the Fourth Annual GPCA Forum today.   Speaking on behalf of H.E. Rasheed M. Al-Maraj, Governor of the Central Bank of Bahrain on the subject of Financing Opportunities and Risks for Mideast Petrochemicals & Energy Projects in times of a Global Crisis, Mr Khalid Hamad, Executive Director of Banking...

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