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Al Majalla

Industry News
Source: Al Majalla

QatarEnergy Secures $3 Billion Loan from Chinese Banks for Ras Laffan Facilities

State-owned QatarEnergy has finalized a $3 billion syndicated loan facility backed by four major Chinese commercial and policy banks. The financing will fund upgrades, repairs, and logistics at Ras Laffan to maintain LNG exports amid maritime risks. According to Al Majalla, Chinese commercial lending to Gulf borrowers reached $11.5 billion in 2025.

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