Chinese Banks Cover $3.75bn of Aramco’s Jafurah Project

Chinese banks cover $3.75bn of Aramco’s Jafurah project

Beijing is expanding its footprint in West Asia, spanning Saudi gas, Iraqi water, and Iranian rail

China’s Banks Lend to Saudi Gas Project While its Funds Sit Out of BlackRock-Led Deal, Sources Say - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – China’s biggest state banks are lending billions to Aramco’s Jafurah gas project, though its funds have passed on the opportunity to invest in the venture, three people familiar with the matter said. Chinese banks provided more than a third of the financing for what will potentially be the biggest shale gas project outside ...

China’s banks lend to Saudi gas project while its funds sit out of BlackRock-led deal, sources say

Chinese banks provided more than a third of the financing for what will potentially be the biggest shale gas project outside of the U.S.