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
23 March 2026

Export and commodity finance volumes balloon in 2025 as...

TXF has published its 2025 data reports for the export and commodity finance industries. Borrowers are raising bigger deals as geopolitical pressures increase supply chain...

Perspective
27 March 2026

Has the ECA untied lending bubble burst?

Untied export finance volumes dropped significantly in 2025 compared to recent years despite a vintage year for ECA business. Is the fall in activity anomalous, cyclical, or...