State-owned Japan Bank for International Cooperation and three other Japanese banks signed a US$3.0 billion loan to the UAE's Abu Dhabi National Oil Co. The loan, the third that JBIC is granting to ADNOC, will fund exploration projects in the emirate that would guarantee Japan's long-term crude supply, the Japanese trade ministry said in a statement. JBIC extended two $3.0 billion loans to ADNOC in December 2007 and November 2010. This time JBIC will......
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