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Ex-Im OKs $1.8 Billion Loan for Equipment for Australian LNG Facility

The Export-Import Bank of the U.S. said it will finance a $1.8 billion direct loan to BG Energy Holdings to support U.S. exports for a natural gas liquefaction project in Queensland, Australia. This is the Bank's second LNG project in…

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Australia, and it will support an estimated 9,200 American jobs, Ex-Im said. The loan is for goods and services related to the construction of the Queensland Curtis LNG Plant Trains.