Brussels: Exmar has scored a massive financing coup in front of the Chinese president and the king of Belgium. The Nicholas Saverys-led has firm has signed a $200m financing agreement with Chinese bank ICBC for a floating liquefaction and storage unit (FLNG).
The unit will be serving a gas project for Colombia’s Pacific Rubiales Energy. The export buyer’s credit provided by ICBC is based on the FLNG being built in China. The vessel will be the single largest Chinese export to Belgium ever.