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Value of liquefied natural gas import and export funding from French banks 2016-2019

Liquefied natural gas (LNG) is natural gas that has been cooled down to a liquid form so that it can be transported overseas by ship and then regasified. While imports of liquefied natural gas to Europe increased by over 75 percent between 2018 and 2019, French leading banks also kept financing companies that are involved in exportation and importation of liquefied natural gas. It appears that, in 2019, the value of the funding granted to this type of company by the BPCE/Natixis group was 58 times higher than in the previous year.

Financing granted to companies involved in liquefied natural gas import and export in France from 2016 to 2019, by leading banks

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Source

Release date

March 2020

Region

France

Survey time period

2016 to 2019

Number of respondents

30 respondents

Special properties

Liquefied natural gas import and export companies

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