COSMOS receives €35 million loan for privately-owned oil storage terminal

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COSMOS receives €35 million loan for...
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The Cyprus Organisation for Storage and Management of Oil Stocks (COSMOS) has concluded a €35 million financing contract with the European Investment Bank (EIB), to finance the construction of a privately-owned oil storage terminal.

According to an announcement published by the PIO, the agreement was concluded after a long and multidimensional evaluation process by the EIB, both of the supported project and COSMOS.

“EIB is one of the strongest, more prestigious and most reputable international financial institutions and the financing...


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COSMOS receives €35 million loan for privately-owned oil storage terminal


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Article Tags: cosmos, receives, million, privately, owned, storage, terminal,