Ex-Im Bank OKs Nearly $3 Billion In Financing For U.S. Goods, Services To LNG Project

June 2012 Vol. 239 No. 6

The Export-Import Bank of the United States authorized a $2.95 billion direct loan to support U.S. exports to the Australia Pacific LNG project.

The transaction is Ex-Im’s second-largest single-project financing in history and its first LNG project in Australia. Principal U.S. exporters are ConocoPhillips and Bechtel International. Additional exporters and suppliers include numerous small businesses in Texas, Colorado, Nevada, California, Oregon and Oklahoma.

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