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Article: Sakhalin II Project: Sakhalin Energy Signs an Additional Project Finance Contract.
- Article from:
- JCN Newswires
- Article date:
- October 8, 2009
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Tokyo, Oct 7, 2009 - (JCN Newswire) - Sakhalin Energy Investment Company Ltd. (SE), where Mitsubishi Corporation hold 10% share (the shareholder structure comprised of OAO Gazprom, Royal Dutch Shell plc, Mitsui & Co., Ltd., and Mitsubishi Corporation), has concluded an additional financing agreement of US$1.4 billion for the Sakhalin-2 Phase 2 project with the consortium of international commercial banks. Nippon Export and Investment Insurance (NEXI), an Export Credit Agency owned by the Japanese government, will provide Overseas United Loan Insurance (Investment and Loan Insurance for Natural Resources and Energy) which covers the loan granted by the consortium banks. ...