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Thursday, 17 May 2012

Edison wants upstream deal

Edison is working with its relationship banks, believed to include UniCredit, SG, Intesa and BNP Paribas, on the €1.5bn financing for the upstream development of the Abu Qir natural gas field. The company won a tender for the gas field last month under a 20-year concession that can be extended by a further 10 years.

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