JOGMEC repays loan guarantee for Japan Arctic LNG before US sanctions waiver expiry
February 5, 2024 Comments Off
The state agency Japan Organization for Metals and Energy Security has fulfilled its liability obligations for Japan Arctic LNG, or JARC, repaying a total of around Eur814 million ($882.8 million) loan to banks Jan. 30, a day ahead of the expiry of the US sanctions waiver for transactions involving Russia’s Arctic LNG 2 project. JOGMEC’s fulfillment of the loan guarantee,…
JOGMEC repays loan guarantee for Japan Arctic LNG before US sanctions waiver expiry
The state agency Japan Organization for Metals and Energy Security has fulfilled its liability obligations for Japan Arctic LNG, or JARC, repaying a total of around Eur814 million ($882.8 million) loan to banks Jan. 30, a day ahead of the expiry of the US sanctions waiver for transactions involving Russia’s Arctic LNG 2 project. JOGMEC’s fulfillment of the loan guarantee,…
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