Insight
Momentum builds towards Calcasieu Pass FID
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 18 July 2019, Venture Global announced it had received binding commitments from a group of thirteen Asian, European and North American project finance banks to provide $5.8 billion in debt to finance construction of Calcasieu Pass LNG. The announcement is a further positive step for a project we expect to reach FID this year. The debt will be sold down in the retail market and therefore financing has not yet closed. However, this is a strong commitment from a core group of banks that suggests Venture Global has circled the debt it needs to build the 10 mmtpa project.
Table of contents
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Event
- Implications
- Project risks
Tables and charts
This report includes 1 images and tables including:
- The second wave: recent FIDs & pre-FID marketing momentum
What's included
This report contains:
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