African Export-Import Bank (Afreximbank) has executed a project preparation facility financing head of terms with UTM Offshore Limited (UTM). The bank said in a statement at the weekend said: “Under the deal signed during the banks’ 29th Annual Meetings in Cairo, Egypt last week, it will part-finance activities designed to progress the first Floating Liquefied Natural Gas (FLNG) project in Nigeria to bankability.”
Categories:
