ANNOUNCEMENT 25 Jun 2015In June 2015, the government of Germany announced a change in the required local inputs to serve domestic customers and a change in its trade finance instruments.
NUMBER OF INTERVENTIONS
On 25 June 2015, the German Eximbank KfW announced it would provide financing worth 186.5 million USD to build four gas carriers for the Singapore-based LPG trading company Petredec.
Out of the 186 million, 56.4 million USD are going to be spent on German-made gas and tank systems, supplied by TGE Marine GmbH - "one of the world's leading specialized suppliers of storage and transport systems for liquefied gases" (cf. Press release).