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Export agencies backed the Ichthys FLNG Terminal financing in Australia

The Australian floating LNG project drew a US$20 billion close in 2013, with Korean and Japanese agencies among the lenders.

Export financeAUSPublished · 3 sourced facts

The Ichthys FLNG Terminal in Australia was financed with support from several export credit agencies, according to deal records.[1][2]

In 2013 the project reached financial close on a US$20 billion loan package.[2][3]

Within that package, JBIC, Kexim and Export Finance Australia provided US$5.83 billion of direct ECA loans.[3]

KEXIM and K-SURE also supplied US$5.37 billion in ECA-covered debt for the terminal, with Nippon Export and Investment Insurance involved alongside them.[2]

K-SURE's role as an ECA-covered lender formed part of the same US$5.37 billion covered debt arrangement for the project.[1]

Sources

  1. [1]Deal announcement: Ichthys FLNG Terminal - Global Energy Monitor
  2. [2]Deal announcement: Ichthys FLNG Terminal
  3. [3]Deal announcement: Ichthys FLNG Terminal - Global Energy Monitor

Deal facts restated by Stonewake from the cited public announcements and reports; figures as reported by the cited source.

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