Japan Bank for International Cooperation (JBIC) confirmed it signed an agreement to provide financing to Japanese LNG carrier fleet owner Nippon Yusen Kaisha (NYK Line) for a newbuild vessel to deliver cargoes to Japan from the Papua New Guinea LNG project.
The loan is for 12.6 billion yen ($162M) to Bahamas LNG Shipping Ltd., a wholly owned subsidiary of NYK Line, said JBIC, formerly known as Japan ExIm Bank.
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