Copying and distributing are prohibited without permission of the publisher
PNG LNG to close oversubscribed
19 February 2010
Papa New Guinea’s ECA-backed record liquefied natural gas project is set to close, oversubscribed, next month.
Read more:
PNG LNG
Papa New Guinea’s ECA liquefied natural gas
Papa New Guinea export credit agencies
Banks and export credit agencies (ECA) are set to sign a record financing this March to develop a liquefied natural gas project in Papua New Guinea (PNG LNG).
ExxonMobil is leading a consortium to develop the $14 billion project and financing is set to close by mid March according to sources close to the deal.
In total the project is expected to cost $18.3 billion and once developed will double the gross domestic product of Papua New Guinea.
The...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the latest news and analysis for two days
(excluding some surveys and articles). Start your free trial today.
