News
03 May 2022

Bank commitments due on EACOP financing despite delays

In:
Oil & gas
Region:
Middle East & Africa

Commercial bank commitments for TotalEnergies’ controversial $3.5 billion East African Crude Oil Pipeline (EACOP) project are due over the coming weeks. ECAs on the deal – which include SACE, Euler Hermes and Sinosure – completed their evaluations at the end of March, which enabled...

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
15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala...

Perspective
24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines,...