Gas Pipeline
Project Summary
Project Code | : | XKPM-BTG101-060GTD |
Project | : | Gas Pipeline |
Sector | : | Oil and Gas |
S&E Categorization | : | A-I |
Location | : | Riau Island Province |
Status | : | Closed in October 2018 |
First Disclosure Date | : | February 2015 |
Summary
IIF acted as the Lead Arranger of financing totaling to US$ 47.0 million for a 13.5 km (both offshore and onshore) greenfield gas pipeline project, delivering gas to Batam in Riau Island Province in 2015. IIF’s commitment stood at US$ 23.5 million. The project is currently under construction. The project’s sponsor is a consortium of domestic investors. It is expected COD in the end of year 2016. The loan has been repaid in October 2018.
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Last Update: January 2019