Japan lender leads $600m credit line to help Malaysia’s Petronas cut CO2

JBIC builds ties with vital nation for Japanese energy supply Malaysian state oil and gas company Petronas will be able to tap Japanese funding for projects to store and reduce carbon dioxide emissions. © Reuters TOKYO — The Japan Bank for International Cooperation has agreed to lead a syndicated credit line of up to $600 million for Malaysian state energy company Petronas to support projects that reduce carbon dioxide emissions, Nikkei has learned.

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