Bahrain LNG has landed a big financing package that will help it proceed with the construction of a long-anticipated LNG import terminal.
The consortium led by Teekay LNG Partners and Nogaholding with the participation of Samsung C&T and Gulf Investment Corp (GIC) has secured a $741m syndicated loan.
Standard Chartered, Arab Petroleum Investments Corp (APICORP) and Korea Development Bank (KDB) are providing the financing along with Ahli United Bank, Banco Santander, Credit Agricole, ING, Natixis and Societe Generale.
Bahrain
