BG Group secures 1.8bn dollar loan

BG Group, the FTSE 100 gas giant, has secured a loan worth 1.8bn dollars from the Export-Import Bank of the US.

BG Group, the FTSE 100 gas giant, has secured a loan worth 1.8bn dollars from the Export-Import Bank of the US.

The loan has been taken to both diversify its funding plans and to support the export of US services and equipment for the ongoing delivery of the Queensland Curtis LNG project in Australia which is on schedule for first gas in 2014.

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