JBIC signed a buyer’s credit score agreement with LLP Atyrau refinery (AR), a subsidiary of the Kazakhstan state-owned oil and gasoline firm JSC NC KazMunayGas. AR is modernizing the Atyrau Oil Refinery to attenuate its environmental load, and this loan will be used by the company to purchase plant gear by way of Marubeni Company as a part of this modernization venture. The loan will lead to the creation of enterprise alternatives for Japanese firms within the oil refinery and petrochemical sectors in Kazakhstan, and by means of this, help Japanese industries maintain and improve their international competitiveness.

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