The US Export-Import Bank (EXIM) is now open to financing domestic liquefied natural gas export projects, expanding from its traditional outlook of funding projects associated with exports as an increasing number of proposed US LNG export terminals look for funding.

In mid-April, EXIM approved the “Make More in America Initiative”, expanding its ability to fund export projects in the US, including LNG export facilities which have taken on greater international importance in the wake of Russia’s invasion of Ukraine.

“With (US Presidet Joe Biden’s) administration, there is an effort to support the supply chain as well as support net domestic manufacturing.