PAKISTAN EGYPT IFC
June 1st, 2006
STORIES BY KEITH NUTHALL
A US$25 million financing package has been signed by the International Finance Corporation, of the World Bank, with Canada-based Rally Energy, supporting upstream oil and gas projects in Egypt and Pakistan. In Egypt, Rally is helping develop the Ras Issaran heavy oil concession, the Gulf of Suez; in Pakistan, the Safed Koh gas block, in the Punjab.
ENDS
A US$25 million financing package has been signed by the International Finance Corporation, of the World Bank, with Canada-based Rally Energy, supporting upstream oil and gas projects in Egypt and Pakistan. In Egypt, Rally is helping develop the Ras Issaran heavy oil concession, the Gulf of Suez; in Pakistan, the Safed Koh gas block, in the Punjab.
ENDS
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