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Image header Agence Europe
Europe Daily Bulletin No. 10208
GENERAL NEWS / (eu) eu/energy

Three banks agree on Nabucco advance financing

Brussels, 06/09/2010 (Agence Europe) - In Brussels on Monday 6 September, three international financial institutions - the EIB, the EBRD and the International Finance Corporation (IFC), the World Bank's private sector division, signed a mandate letter, marking the start of the appraisal process of the Nabucco project, which will carry gas from Central Asia and the Middle East without passing through Russia. This is a required step towards a potential financing package of up to €4 billion....

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