Sunday, February 8, 2009

Islamic bank mulls Chad refinery funding

Trade Arabia:The Saudi-based Islamic Development Bank (IDB) will consider helping finance a 40,000 barrels per day oil refinery in member-state Chad, Saudi state news agency SPA reported.

Chad's Economy and Planning Minister Ousmane Matar Breme asked Ahmed Mohammed Ali, the head of the 56-member IDB, to "contribute to the construction of a ... refinery in the capital N'Djamena which will be jointly-developed by ... Chad and China," SPA said...Continue Reading

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