Jan 20 (Reuters) - Australian oil minnow FAR Ltd (FAR) said on Monday it had taken the final investment decision and got loan approvals to develop its interest in the Sangomar project, Senegal's first oil development block.
FAR, a minority partner in the project, said it received credit approvals for an underwritten A$300 million ($206.25 million) senior secured reserve-based lending facility by Macquarie Bank, BNP Paribas and Glencore.
($1 = 1.4545 Australian dollars)
News: FAR Australia's FAR takes final investment decision for Senegal's first oil project
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