including power generation, upstream oil & gas, LNG liquefaction and regasification, refining, petrochemicals and gas/electricity transmission
The upstream oil and gas project comprises oil and gas production wells, an FPSO and subsea gas pipeline to shore.
The financing has a hybrid structure combining Reserve Based Lending (RBL) and Project Finance features. Gas is sold to Ghana National Petroleum Corporation under a GSA, with payment security provided by the World Bank. Debt facilities were provided by UKEF, IFC and a syndicate of commercial banks.
The Portland team of Geoff Knox, Frauke Bialokoz, Keith O’Donnell and Iain Hackston were responsible for:
To discuss this further, contact Geoff Knox at firstname.lastname@example.org