News
03 December 2019

Shandong Qingyuan closes biggest teapot loan to date

In:
Oil & gas
Region:
Asia-Pacific

Shandong Qingyuan has closed the first ever $1 billion loan for a Chinese independent oil refinery (known in the industry as teapots).Signed in late September, the three-year pre-delivery financing was lead arranged by ABN Amro, ING Bank and Deutsche Bank, with Trafigura also lending up to $30...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
10 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...

Video
14 July 2026

Uncertainty is the unwelcome gift, but pipeline grows for...

Speaking at TXF Global, Jebsen & Jessen CEO Ralf Schwarzhaupt highlighted a booming project pipeline despite Middle East headwinds, calling for fewer regulations, faster...