Subscribe to RSS feedSakhalin firms finance for oil and gas projects
by
Martyn Wingrove, London
—
last modified
Oct 22, 2009 03:30 PM
SAKHALIN Energy Investment, the operator of the Sakhalin liquefied natural gas plant, has secured US$1.4bn of project finance to complete its offshore oil and gas development work.
The operating company that involves Russian gas monopoly Gazprom and Dutch oil major Shell gained the funds from a consortium of international commercial banks.
The finance was insured by Nippon Export and Investment Insurance (NEXI), an export credit agency...
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