IFC launches web site on oil, gas activities

The International Finance Corp. has launched an online web site focusing on the World Bank affiliate’s oil, gas, mining, and chemical financing activities.

Nick Snow
OGJ Washington Editor

WASHINGTON, DC, Aug. 7 – The International Finance Corp. has launched an online web site focusing on the World Bank affiliate’s oil, gas, mining, and chemical financing activities.

“The new site gives users a vivid picture of IFC’s progress in reducing poverty and providing financing to projects in developing countries,” said Somit Varma, IFC’s global head for the sectors.

He said that in addition to providing up-to-date investment and advisory information for private sector capital suppliers and others, the web site also provides sustainable development results from oil, gas, mining, and chemical projects that IFC helps to finance.

Key features include information on IFC’s financing and advisory services in the four industries, revenue disclosure figures and in-depth project analyses, features that show how profits and poverty reduction can go hand-in-hand, and interactive displays of financial tombstones and client testimonials.

The website can be found online at www.ifc.org/ifcext/coc.nsf/content/home.

Contact Nick Snow at nicks@pennwell.com

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