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NBK-SUMED

NBK signs $300 million loan agreement with SUMED for LNG project

Posted: May 21, 2017 at 1:01 pm   /   Oil & Gas

National Bank of Kuwait-Egypt signs $300 credit facility agreement with Arab Petroleum Pipelines Co (SUMED). Loan to help SUMED finalise Ain Sokhna LNG project set for completion in 2019 with repayment spread over six years. SUMED company and the National Bank of Kuwait (NBK) signed an a agreement to provide $300 million to finance part […]

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