ANNOUNCEMENT 30 Mar 2012

In März 2012, the German Export Crediting Agency announced its support of an export project concerning the delivery of pump stations for pipelines to Algeria.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Mar 2012 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in März 2012 and finances the delivery of pump stations for pipelines ('Pumpstationen für Pipelines') to Algeria. The benefitting German exporter is Ferrostaal Industrieanlagen GmbH.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (21 million USD), as the conservative estimate of the project value.

The maturity of the loan is not specified. The financing institution is not identified in this case.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A