Tuesday, November 15, 2011

Azerbaijan seeks adviser to secure finance for US$15 bln petrochem complex from overseas

Azerbaijan is scouting for an adviser to help secure two-thirds of the US$15 bln needed to build a planned petrochemicals complex, from foreign lenders, as per Bloomberg. The country is expected to shhortly tender for the post, which will involve negotiating with lenders over the complex.

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