Amur GPP: Better than the black stuff

In:

Oil & gas

Region:

Europe

Niamh Curran

Reporter

The heavily ECA-backed financing for Gazprom's Amur gas processing project has set new tenor and volume benchmarks for both the sponsor and Russian oil and gas – even allowing for some hefty politically driven Chinese and Russian bank participation. But it is still a fossil fuels deal, primarily aimed at Chinese offtake. So should EU domiciled ECAs be backing it?

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