Financing LNG Carriers - Risk and Security
Article from: OGEL 1 (2006), in Liquefied Natural Gas (LNG)
Introduction
This article considers debt financing of LNG carriers and outlines particular credit and security risk concerns for vessel lenders; it reviews how these risks can be managed to ensure the long-term success of LNG projects. The transportation of LNG is a fundamental component in the LNG supply chain and a key stage in the "pipeline" for an LNG power project. Therefore, the financing of LNG carriers is crucial to LNG projects. However, the transportation aspects of an LNG project are not usually part of the underlying project financing but instead, are financed by a ...