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Keywords: borrower
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Proceedings Papers

Paper presented at the 11th World Petroleum Congress, August 28–September 2, 1983
Paper Number: WPC-20414
... the borrower. An increasing proportion of project finance is of the limited recourse type in which the borrower seeks to share in some degree with the banks the technical, commercial and political risks inherent in the project. The extent to which banks are willing to accept these risks will depend...

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