Japan Bank for International Cooperation and Sumitomo Mitsui Banking Corporation co-finance Mitsui & Co's Ruwais LNG Project participation
Japan Bank for International Cooperation and Sumitomo Mitsui Banking Corporation provided $689 million in co-financing to Mitsui & Co for its participation in the Ruwais LNG Project.
Counterparts (3)
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- $689 million co-financing provided.
- Lenders: Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC).
- Developer: Mitsui & Co for Ruwais LNG Project, UAE.
- Announced: 2026-03-04.
Source Intelligence
Ruwais aims to be one of the world’s least-carbon-intensive LNG facilities. Quote: "Ruwais aims to be one of the world’s least-carbon-intensive LNG facilities"
"The Japan Bank for International Cooperation ( JBIC ) ... are providing a total of US$689 million in co-financing"
"and Sumitomo Mitsui Banking Corporation ( SMBC ) are providing a total of US$689 million in co-financing"
"to Mitsui & Co for its participation in the Ruwais LNG Project"
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