Luxembourg, 26/06/2000 (Agence Europe) - The European Investment Bank is granting a loan of EUR 70 million to Indonesia for the extension of the gas transport network on the island of Sumatra and the construction of a gas pipeline for exporting gas to Singapore. The beneficiary of the loan is Perusahaan Gas Negara, a public enterprise that transports and distributes natural gas.
The EIB points out in its press release that the project will have a beneficial impact on the environment by...