Jogmec revealed it had signed loan guarantee agreements last week with Nippon Oil Exploration, KG Berau Petroleum and KG Wiriagar Petroleum which hold a combined 22.23% share in the BP-operated Tangguh project.
Jogmec said the liability guarantee was estimated at $416 million and follows the final investment decision made by the Tangguh partners last month to proceed with the third train expansion.
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