26 April 2024
Isramco clinches Tamar gas funding
Publication date: 17 May 2011
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Isramco Negev, one of the shareholders in Israel’s Tamar gas field, said it has secured $750 million in financing towards its share of the $3 billion project. The company, a 28.75% stakeholder, will receive $400 million in long term funding and a $350 million bridge loan from a consortium led by Deutsche Bank.