News
01 November 2021

Arctic LNG 2 project funding mix changes

In:
Oil & gas
Region:
Europe

Bpifrance has dropped out of the $11 billion ECA-covered debt package backing the Novatek-led Arctic LNG 2 scheme in Russia. Financial close is now expected early next year. Sponsored by Novatek, Total, China National Petroleum Corp, CNOOC and Mitsui-JOGMEC, the project, which will produce 19.8...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
12 September 2025

Satellite finance heads back into orbit

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong,...

Perspective
18 September 2025

H1 2025 commodity finance data: Key takeaways

TXF's commodities data suggests that 2025 is expected to see modest growth with bigger deals going to top borrowers, ongoing regional shifts, and continued trader dominance,...