NEW YORK, April 19, 2015 /CNW/ -- Japan's Bank
of Tokyo-Mitsubishi UFJ, Mizuho and Sumitomo Mitsui
Banking Corp took the top three spots in Poten & Partners' 2015
ranking of the world's LNG project finance lenders.
The rankings appear in Poten & Partners' LNG Finance in
World Markets published April
17.
Japanese banks took five of the top 10 positions in the
inaugural rankings published by Poten, a leading global brokerage,
consultancy and business intelligence publisher. The Netherlands' ING came in fourth and
France's Societe Generale was
ranked number five.
Forty eight lenders from 15 countries provided most of the
global LNG project finance funds in 2014. In total, banks included
in the rankings extended project finance loans of $12.28 billion in 2014.
Other key findings of the rankings include:
- Eleven Japanese banks provided over $5
billion to LNG projects or 43% of total lending in
2014.
- Twenty European banks accounted for $4.8
billion of total lending.
- Other lenders in the Asia
Pacific region, which included banks from Australia, Singapore, South
Korea and China, provided
$941 million.
- Despite the US hosting the two biggest project financings of
2014 - Cameron LNG and Freeport LNG - only $780 million came from US lenders and
$510 million from Canadian
lenders.
- Bank lending to LNG projects in 2014 eclipsed 2013's total of
$9 billion.
Poten Top LNG
Lenders
|
|
|
Rank
|
Financier
|
Financier's
Main Location
|
Amount
$ millions
|
1
|
The Bank of
Toyko-Mitsubishi UFJ, Ltd
|
Japan
|
1,583
|
2
|
Mizuho
|
Japan
|
1,203
|
3
|
Sumitomo Mitsui
Banking Corp
|
Japan
|
1,072
|
4
|
ING
|
Netherlands
|
789
|
5
|
Societe
Generale
|
France
|
547
|
6
|
HSBC
|
UK
|
475
|
7
|
Credit
Agricole
|
France
|
460
|
8
|
Sumitomo Mitsui Trust
Bank, Ltd
|
Japan
|
361
|
9
|
Natixis
|
France
|
342
|
10
|
Mitsubishi UFJ Trust
and Banking Corp
|
Japan
|
311
|
11
|
Standard
Chartered
|
UK
|
275
|
11
|
Lloyds
|
UK
|
275
|
13
|
Commonwealth Bank of
Australia
|
Australia
|
237
|
14
|
BBVA
|
Spain
|
229
|
14
|
Deutsche
Bank
|
Germany
|
229
|
TOTAL
|
|
8,388
|
Footnotes
|
|
|
Best efforts are made
to provide accurate information. Some figures are Poten
estimates.
|
For complete LNG lender list or media comments contact:
Melanie Lovatt at
mlovatt@poten.com +357 22 770 735
Rankings are based on LNG project financings that reached
financial close in 2014. They include:
- Transactions with a total value of $50
million or more.
- LNG projects (both liquefaction only and liquefaction plus
upstream), LNG ships, FSRUs, and other terminals as long as they
are structured as non- or limited-recourse financings.
- Both uncovered loans and those that are covered by export
credit agencies.
About Poten & Partners
Poten & Partners is a
leading commodity and shipping broker, consultancy and publisher of
business intelligence. Our business intelligence division offers a
wide range of products and services that provide insight and
analysis for the LNG, LPG, shipping and asphalt markets.
Headquartered in New York with
offices in Houston, London, Perth, Athens, Singapore and Guangzhou, this global network provides
unrivaled access to unique business intelligence and market
data.
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SOURCE Poten & Partners