TXF Asia 2019
A key event in the export, agency & project finance event calendar for senior and influential professionals working across the Asia-Pacific region. Networking and deal opportunities abound!
Despite a low oil price environment and ratings pressure on the sovereign, state-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) closed the largest ECA-backed project financing into the country to date – and under an accelerated timetable.
The ﬁrst African upstream oil and gas development loan to feature a European export credit agency supporting a project ﬁnance/reserves-based lending hybrid, Vitol’s OCTP ﬁnancing was a unique solution to an unusual set of borrower requirements.
Despite a sovereign downgrade to junk, Bahrain LNG closed an over-subscribed LNG regas project ﬁnancing backed by availability payments from Bahrain’s National Oil and Gas Authority - and with only partial ECA cover.