Saturday, 14 July 2007

Mizuho signs $96 mln loan with Algeria-Japan JV

(Reuters) - Mizuho Financial Group signed a $96.35 million loan agreement with an Algerian-Japanese joint venture to finance the construction of a crude oil tanker, an Algerian government-run newspaper said on Saturday.

The very large crude carrier, with a capacity of 2.0 million tonnes, will supply Asian markets, El Moudjahid said.


Read more at Reuters Africa

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