Home Industry Dubai’s ENOC gets $230m loan from China’s ICBC The five-year loan will help ENOC fund new projects and expansion plans by Reuters June 14, 2016 Emirates National Oil Company (ENOC) has secured a $230m unsecured loan from Industrial and Commercial Bank of China, it said on Tuesday. The five-year loan will help ENOC fund new projects and expansion plans, it said in a statement. ENOC, a downstream-focused firm owned by sovereign fund Investment Corporation of Dubai, operates service stations, fuel terminals and oil tankers and operates in the Middle East, North Africa and Asia. 0 Comments