ANNOUNCEMENT 12 Dec 2016

On 12 December 2016, the Italian Eximbank SACE announced it would provide an export loan guarantee for the Yamal LNG project in Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 12 Dec 2016 | Removal date: open ended

Trade finance

The export credit guarantee covering 400 million EUR will be used for the project segments covered by Italian contractors, particularly Nuovo Pignone - the Italian subsidiary of GE Oil & Gas, as well as 20 smaller Italian companies.

AFFECTED SECTORS