Osaka Gas has signed a $302 million loan from two banks to fund its stake in the Gorgon LNG project in Australia.
The Japanese utility will receive funds from Bank of Tokyo-Mitsubishi and the Japan Bank for International Cooperation.
Osaka Gas owns nearly 1.3% of the Chevron-led export project on Barrow Island and will take 1.38 million tonnes per annum of the off-take.
Chevron
