The US Export Import Bank(Exim)is in talks with US LNG developers about deploying federal dollars abroad to support new export projects at home.The chief mechanism being considered is a loan guarantee for potential offtakers that otherwise wouldn’t qualify for the private financing necessary for a long-term LNG purchase agreement,agency Chief Banking Officer Stephen Renna said in an interview this week.Those agreements underpin the financing most US LNG project developers are seeking to make their final investment decisions(FID).
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