Japanese banks to provide USD630mn financing for Abu Dhabi oil field
State-run JBIC, along with Mizuho, Mitsubishi UFJ and Sumitomo Mitsui to provide the loan for development of Hail oilfield in Abu Dhabi. The project aims to start full operations in 2018 and it will produce more than 20k b/d for exports to Japan. (Bloomberg)
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