TXF in depth

Key LNG projects line up ECA financing
Key LNG projects line up ECA financing
Jonathan Bell
6 February 2019

The increased focus on upstream LNG looks likely to intensify, and the sheer scale of many of these projects will require funds from a range of sources, not least ECA support. Jonathan Bell highlights a couple of prime examples where the ECAs are likely to play leading roles.

The risk outlook for African mining
The risk outlook for African mining
Dr. Robert Besseling
5 February 2019

South Africa's President Ramaphosa has an opportunity to demonstrate his anti-corruption credentials ahead of this year’s elections by appointing a new board at the state pension fund. However, a dilution of political control over the money manager is unlikely, as the fund needs to act as a ‘last line of defence’ against any massive asset sell-offs in case of a much-vaunted triple-junk credit rating downgrade.

Dangote refinery set to transform Nigeria’s downstream oil sector
Dangote refinery set to transform Nigeria’s downstream oil sector
Jonathan Bell
30 January 2019

The mega Dangote oil refinery will radically change the downstream landscape of Nigeria and enable vital import substitution. Jonathan Bell examines developments.

TXF in brief

Bridge Power CCGT nears bank mandates
20 February 2019

The Early Power consortium – a joint venture between Endeavour Energy (majority shareholder), GE and Sage – are near to commercial bank ma...

Macquarie looks to mandate banks for Hobart Airport sale
19 February 2019

Macquarie Global Infrastructure Fund III has approached banks to arrange a two-stage auction for its 51% share in Hobart International Airport. The 10...

RAPID to mandate banks by end of Q1 2019
18 February 2019

Sponsors of the $15.3 billion Pengerang refining and petrochemical integrated development (RAPID) project in Malaysia – Petronas (50%) and Saudi...

Pertamina seeks financing for Balikpapan expansion
18 February 2019

State owned oil and gas company Pertamina is seeking financing for the Balikpapan refinery expansion in East Kalimantan, Indonesia.The $5 billion expa...

JTB gas field RFP launched
18 February 2019

Pertamina EP Cepu has launched a request for proposals (RFP) for financing the Jambaran Tiung Biru (JTB) gas field unitisation project in Bojonegoro r...

TXF Data

Commodity Trade Finance MLA Full year 2018

Bank USDm No %
1 Natixis 12131m 41 8.4%
2 ING Bank 11236m 84 7.8%
3 BNP Paribas 7651m 44 5.3%
4 Société Générale 5941m 50 4.1%
5 MUFG Bank 5552m 32 3.8%
6 ABN AMRO 4979m 42 3.4%
7 Deutsche Bank 4304m 25 3%
8 Rabobank 4216m 35 2.9%
9 Standard Chartered 4197m 24 2.9%
10 UniCredit 4069m 34 2.8%

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