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Santos secures export credit for GLNG
03 January 2012
Export credit agencies EFIC, Sace and EDC commit to Santos’ Gladstone liquefied natural gas project in Queensland, Australia.
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export credit agency
eca
EFIC
Sace
EDC
Santos
Gladstone
liquefied natural gas
LNG
The export credit agencies of Australia, Italy and Canada have committed $1.2 billion in direct loans and guarantees for Santos’ $16 billion Gladstone liquefied natural gas (GLNG) project in Queensland, Australia.
Italy’s Sace is underwriting a $280 million loan funded by ANZ, HSBC and Citi. The Sace guarantee supports an engineering, procurement...
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