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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
BG Group has signed an agreement with the Japan Bank for International Cooperati ...
BG Group has signed an agreement with the Japan Bank for International Cooperation (JBIC) aimed at supporting the long-term supply of LNG to Japan and creating opportunities for Japanese companies to participate in energy projects around the world. Under the cooperation agreement BG Group will liaise with JBIC, a policy-based financial institution wholly owned by the Japanese government, on the Group’s natural gas developments and JBIC will consider providing financial support for these projects. In the past 18 months BG Group has initiated a successful treasury programme which raised $7.7bn from capital markets, including $2.1bn in hybrid bonds. Additionally, the Group has signed a memorandum of understanding with the Bank of China for up to $1.5bn of new funding options; reached an initial agreement with Brazilian Development Bank for up to $1.8bn of new funding; and also signed a $500mn credit agreement with Export Development Canada. In the past 12 months BG Group has delivered 61 LNG cargoes to Japan, totalling about 3.88mn tonnes. Also, BG Group has long-term LNG supply agreements with Tokyo Gas and Chubu Electric, to be sourced from the Group’s portfolio and the Queensland Curtis LNG project in Australia, which is on track to start production in 2014.
