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Equipment funds look likely for Asia Energy

THE United States Export-Import bank has indicated its willingness to finance up to US$250 million for US equipment for Asia Energy's Phulbari coal project in north-west Bangladesh.

Angie Tomlinson
Equipment funds look likely for Asia Energy

Asia Energy's financial advisers Barclays Capital had received a Letter of Interest from Ex-Im bank outlining likely indicative terms and conditions for participation in the financing of the Phulbari project....

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