BG Group secures loan for QCLNG Project

BG Group has secured a $1.8 billion loan from the Export-Import Bank of the United States (US Ex-Im) for the Queensland Curtis LNG (QCLNG) Project

The loan is designed to support the export of US services and equipment for the ongoing delivery of the QCLNG Project, which is on schedule for first gas in 2014.

The US Ex-Im loan was secured by BG Group’s treasury program, which helps to underpin the delivery of key growth projects.

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