News
03 December 2019

Shandong Qingyuan closes biggest teapot loan to date

In:
Oil & gas
Region:
Asia-Pacific

Shandong Qingyuan has closed the first ever $1 billion loan for a Chinese independent oil refinery (known in the industry as teapots).Signed in late September, the three-year pre-delivery financing was lead arranged by ABN Amro, ING Bank and Deutsche Bank, with Trafigura also lending up to $30...

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


Video
29 October 2025

10 mins with: PuiYin Tham, Marubeni

TXF spoke with PuiYin Tham, vice president of business development at Marubeni to outline the benefits of taking the ECA funding route and how the Japanese developer’s deal...

Perspective
31 October 2025

Aliança Energia: Vale taps GIP’s firepower

Global Infrastructure Partners' $1 billion swoop for Aliança Energia highlights the changing structure of Brazil's electricity market. Big commodities producers and...