Deals Counterparts

Japan Bank for International Cooperation and Sumitomo Mitsui Banking Corporation co-finance Mitsui & Co's Ruwais LNG Project participation

Financing Oil Gas announced Abu Dhabi, United Arab Emirates Mar 4, 2026
USD689M
Deal Value
Ruwais LNG Project
Project

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.

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Deal Analysis

Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC) provided $689 million in co-financing to Mitsui & Co for its participation in the Ruwais LNG Project in the United Arab Emirates, announced 2026-03-04. This financing supports Mitsui & Co's involvement in the oil_gas sector.
  • $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

KEY DETAILS

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"

Deal Size
are providing a total of US$689 million in co-financing
Location
Ruwais LNG Project in Abu Dhabi
Financials
are providing a total of US$689 million in co-financing
Announcement
4 Mar 2026
PARTIES MENTIONED IN SOURCE
J
Japan Bank for International Cooperation (JBIC) lender

"The Japan Bank for International Cooperation ( JBIC ) ... are providing a total of US$689 million in co-financing"

S
Sumitomo Mitsui Banking Corporation (SMBC) lender

"and Sumitomo Mitsui Banking Corporation ( SMBC ) are providing a total of US$689 million in co-financing"

M
Mitsui & Co developer

"to Mitsui & Co for its participation in the Ruwais LNG Project"

medium quality Enriched Mar 8, 2026

Timeline

Announced
Mar 4, 2026
Signed
Closed

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