Argentine pipeline may rely on multilateral lenders

Argentine pipeline may rely on multilateral lenders

Project & Infrastructure Finance Loans Debt Energy Gas Politics Argentina

The Argentine government has postponed the auction to build and operate an $800 million natural gas pipeline as the economic crisis has made it harder for potential bidders to line up financing, leading at least one potential bidder to say that part of the money will have to come from multilateral lenders. The Energy Ministry last week pushed back the deadline by five months to March 31, the second delay since the project was announced early this year. The delay did not come as a total surprise

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