Abu Dhabi-based Dolphin Energy is planning to invite banks in late February to submit proposals for the long-term financing of the Dolphin energy project. 'We are reaching the end of the construction phase - first gas is due within a year - so we are reaching the point where we have the ability to put in place longer-term finance,' Tony Boon, project finance adviser at Abu Dhabi government-owned Mubadala Development Company, said on 29 January. 'We want to create a dialogue with international and regional banks to match their strengths with the type of financing chosen.' A broad range of funding options will be considered, and more details are due to be announced by Boon at the MEED Middle East Project Finance conference in Qatar on 28 February-1 March.
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