Japanese banks take top spots in Poten & Partners' 2015 ranking of LNG project finance lenders

NEW YORK, April 19, 2015 /CNW/ — Japan’s Bank of Tokyo-Mitsubishi UFJ, Mizuho and Sumitomo Mitsui Banking Corp took the top three spots in Poten & Partners’ 2015 ranking of the world’s LNG project finance lenders.

The rankings appear in Poten & Partners’ LNG Finance in World Markets published April 17.

Japanese banks took five of the top 10 positions in the inaugural rankings published by Poten, a leading global brokerage, consultancy and business intelligence publisher. The Netherlands’ ING came in fourth and France’s Societe Generale was ranked number five.

Forty eight lenders from 15 countries provided most of the global LNG project finance funds in 2014. In total, banks included in the rankings extended project finance loans of $12.28 billion in 2014.

Other key findings of the rankings include:

Eleven Japanese banks provided over $5 billion to LNG projects or 43% of total lending in 2014.
Twenty European banks accounted for $4.8 billion of total lending.
Other lenders in the Asia Pacific region, which included banks from Australia, Singapore, South Korea and China, provided $941 million.
Despite the US hosting the two biggest project financings of 2014 – Cameron LNG and Freeport LNG – only $780 million came from US lenders and $510 million from Canadian lenders.
Bank lending to LNG projects in 2014 eclipsed 2013’s total of $9 billion.

Poten Top LNG Lenders
Rank	Financier	Financier’s Main Location	Amount $ millions
1	The Bank of Toyko-Mitsubishi UFJ, Ltd	Japan	1,583
2	Mizuho	Japan	1,203
3	Sumitomo Mitsui Banking Corp	Japan	1,072
4	ING	Netherlands	789
5	Societe Generale	France	547
6	HSBC	UK	475
7	Credit Agricole	France	460
8	Sumitomo Mitsui Trust Bank, Ltd	Japan	361
9	Natixis	France	342
10	Mitsubishi UFJ Trust and Banking Corp	Japan	311
11	Standard Chartered	UK	275
11	Lloyds	UK	275
13	Commonwealth Bank of Australia	Australia	237
14	BBVA	Spain	229
14	Deutsche Bank	Germany	229
TOTAL			8,388
Footnotes
Best efforts are made to provide accurate information. Some figures are Poten estimates.

For complete LNG lender list or media comments contact: Melanie Lovatt at mlovatt@poten.com +357 22 770 735

Rankings are based on LNG project financings that reached financial close in 2014. They include:

Transactions with a total value of $50 million or more.
LNG projects (both liquefaction only and liquefaction plus upstream), LNG ships, FSRUs, and other terminals as long as they are structured as non- or limited-recourse financings.
Both uncovered loans and those that are covered by export credit agencies.

About Poten & Partners
Poten & Partners is a leading commodity and shipping broker, consultancy and publisher of business intelligence. Our business intelligence division offers a wide range of products and services that provide insight and analysis for the LNG, LPG, shipping and asphalt markets. Headquartered in New York with offices in Houston, London, Perth, Athens, Singapore and Guangzhou, this global network provides unrivaled access to unique business intelligence and market data.

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