A 50 per cent-plus oversubscription in the $3bn credit facility finalised in May indicates a strong interest from local and international banks to provide medium-term loan for the project. A dozen banks including Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Bank of China, Citibank, Dubai Islamic Bank, First Abu Dhabi Bank, HSBC, Industrial and Commercial Bank of China, Banca Intesa Sanpaolo, JP Morgan, Noor Bank and Standard Chartered participated as lead arrangers and bookrunners in the facility. Apart from raising credit from banks, two other options are available on the table: financing from export credit agencies (ECAs) and contractors.