Loan for FSRU Operation Project of Mitsui O.S.K. Lines, Ltd. in Poland
Poland, June 27 -- The Japan Bank for International Cooperation (JBIC) signed a loan agreement amounting to up to USD252 million (JBIC portion) with WHITE EAGLE ENERGY LIMITED (WHITE EAGLE), a Cypriot company wholly owned by Mitsui O.S.K. Lines, Ltd. (MOL). The loan is co-financed with Sumitomo Mitsui Banking Corporation and Credit Agricole Corporate and Investment Bank. The loan is intended to finance the funds necessary for WHITE EAGLE to own a newly built floating storage and regasification unit (FSRU) and provide vessel chartering services, including leasing, operation, and maintenance, to Operator Gazoci?gow Przesy?owych GAZ-SYSTEM S.A., a state-owned gas transmission system operator in Poland. Poland has a high proportion of coal-fire...
To read the full article or to get the complete feed from this publication, please
Contact Us.