ANNOUNCEMENT 23 Mar 2012

On March 23, 2012, the Japanese Bank of International Cooperation (JBIC) announced a loan agreement with Osaka Gas Gorgon Pty Ltd.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

JBIC (2012) 豪州・ゴーゴンLNGプロジェクトに対する資源金融供与 「Resource financing for the Australian · Gorgon LNG project」
https://www.jbic.go.jp/ja/information/press/press-2011/0323-6553.html

Inception date: 23 Mar 2012 | Removal date: open ended

Financial assistance in foreign market

On March 23, 2012, the Japanese Bank of International Cooperation (JBIC) announced a loan agreement of  211.4 million U.S. dollars with Osaka Gas Gorgon Pty Ltd (OGG), a wholly-owned subsidiary of Osaka Gas Co., Ltd. (Osaka Gas) operating offshore of Western Australia's Northwest. The investment relates to Osaka Gas Gorgon's development of natural gas and crude oil. The loan is co-financed with the Bank of Tokyo-Mitsubishi UFJ bringing the total loan to 302 million USD. 

 

AFFECTED SECTORS