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Overview

Bank of China provides a $200 million loan to BG Group for unspecified purposes

Commitments (Constant USD, 2023)$227,299,430
Commitment Year2011Country of ActivityUnited KingdomDirect Recipient Country of IncorporationUnited KingdomSectorIndustry, Mining, ConstructionFlow TypeLoan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 1, 2011

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Commercial Banks

  • Bank of China (BOC)

Receiving agencies

Private Sector

  • BG Group plc

Loan description

Bank of China provides a $200 million loan to BG Group for unspecified purposes

Interest typeUnknown

Narrative

Full Description

Project narrative

Prior to June 2011, the Bank of China (BOC) entered into a $200 million USD lending facility agreement with BG Group plc — a British multinational oil and gas company — for unspecified purposes.