Thursday, 28 December 2017

Gulf energy firms issue record $28.7bn debt in 2017

Gulf energy firms issue record $28.7bn debt in 2017

28 December 2017, London — Oil and gas producers, pipeline operators and refiners in Kuwait, the United Arab Emirates, Saudi Arabia, Oman, Bahrain, and Qatar borrowed a record $28.7 billion through bonds and syndicated loans in 2017, eclipsing the previous high set two years earlier, according to data compiled by Bloomberg. Those companies borrowed about …

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