Financing
The financial plan will be ready for the Final Investment Decision (FID).
Some of the funding for the Brass LNG project comes directly from our Shareholders.
Additional funding will be derived from commercial banks and other sources.
Basic Phase funding
The project’s feasibility study and design phases were funded by the Shareholders. Amounts contributed were proportional to share of ownership.
The Engineering Procurement and Construction (EPC) Phase will be funded by a combination of third party loans and Shareholder equity.
Third party funding sources
Export Credits Agencies (ECAs) will form a key part of our financial plan.
ECAs provide government-backed loans, guarantees and insurance to corporations seeking business opportunities in developing countries and emerging markets.