EU proposes ECA fossil fuels ban; Trafigura secures JBIC facility; SACE releases annual numbers
Update: 2024-04-09
Description
In today's daily round-up of export, trade and commodity finance news, TXF's Ralph Ivey covers the latest stories and trends across the market:
The EU has proposed an amendment to the OECD Arrangement that would effectively ban ECA financing for the fossil fuel value chain
Trafigura has secured a $560 million financing with JBIC and SMBC that is linked to LNG imports for Japan
SACE has released its annual numbers for 2023 after a year in which it led the way as the most active ECA in the market
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