![[PHOTOS] 2013 Celebrity Couples](http://cdn.ph.upi.com/sblc/7711368147335/8/PHOTOS-2013-Celebrity-Couples.jpg "[PHOTOS] 2013 Celebrity Couples")
1.
KAI mass producing FA-50 fighters
SEOUL, March 20 (UPI) -- South Korean Export-Import Bank Wednesday announced a $360 million loan to Nigeria LNG, gas exporter of the state-owned Nigerian National Petroleum Corp.
The loan will have a maturity of 9.5 years.
The transaction comes under the state-owned South Korean bank's program of providing export credit and guarantee programs to support Korean exporters.
In January, Nigeria LNG, a leading liquefied natural gas exporter, signed a contract with two South Korean shipyards -- Samsung Heavy Industries Co. and Hyundai Heavy Industries Co. -- for six LNG vessels worth $1.3 billion, Yonhap News reported.
The South Korean bank said an additional $360 million in loans will come jointly from Korea's state-run trade insurance firm K-sure and Korea Finance Corp.
The announcement said the loans would allow Korean exporters to win more deals in Africa.
|
|
|
|
|
|
| Additional Business News Stories | |
METHIL, Scotland, May 10 (UPI) --
The tallest offshore wind power turbine in Scotland got the go-ahead this week under plans approved by the country's energy ministry despite local opposition.
|
BANGALORE, India, May 10 (UPI) --
Agusta Westland's bids for utility helicopters for India's navy and coast guard will remain, despite the company being investigated over bribery allegations in another contract.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption
