US Exim bank interested in financing LNG plants
Minister for Finance Ishaq Dar had started engaging the Exim Bank during his visit to the US in September 2015
PHOTO: AFP
ISLAMABAD:
US Exim Bank is interested in providing financing for three LNG-based power projects, Baloki, Bhikki and Haveli Bahadar Shah, said spokesman for the Ministry of Finance on Saturday.
The official said that vice-president of US Exim Bank, Annette Maresh, had intimated this in a letter addressed to Minister for Finance Muhammad Ishaq Dar. It may be recalled that Dar had started engaging the Exim Bank during his visit to the US in September 2015, according to a statement issued by the Ministry of Finance here.
Exim Bank of US has renewed interest in Pakistan
He met senior officials and gave a detailed account of the business and investment opportunities, urging the US Exim Bank to explore financing development projects in Pakistan. Consequently, the Bank has now expressed strong interest in three LNG-based power projects.
Published in The Express Tribune, May 15th, 2016.
US Exim Bank is interested in providing financing for three LNG-based power projects, Baloki, Bhikki and Haveli Bahadar Shah, said spokesman for the Ministry of Finance on Saturday.
The official said that vice-president of US Exim Bank, Annette Maresh, had intimated this in a letter addressed to Minister for Finance Muhammad Ishaq Dar. It may be recalled that Dar had started engaging the Exim Bank during his visit to the US in September 2015, according to a statement issued by the Ministry of Finance here.
Exim Bank of US has renewed interest in Pakistan
He met senior officials and gave a detailed account of the business and investment opportunities, urging the US Exim Bank to explore financing development projects in Pakistan. Consequently, the Bank has now expressed strong interest in three LNG-based power projects.
Published in The Express Tribune, May 15th, 2016.