HISTORY

BASE TRAINS

In 1990, the company raised a third party loan of $132 million through Citibank to buy four ships for the Base Projects. The ships, which had previously been built for another company but were not in use, were refurbished and put into interim business until the plant began operations.

TRAIN 3

Following the Third Train Expansion, three vessels were acquired by BGT. Their construction was partly funded with third party financing, viz: LNG Rivers & LNG Sokoto were financed with $160 million syndicated loan which was signed on December 20, 1999... READ MORE