MenuClose

  • JP
  • SearchClose
Home
About JBIC
About JBIC

This page introduces information on JBIC's role and organization.

Close

Support Menu
Support Menu

JBIC offers a range of financial products and other services to our clients.

Close

Business Areas
Business Areas

Information about JBIC's activities in each business area and its efforts for environmental conservation.

Close

Public Information
Public Information

Various reports compiled and contributed by JBIC

Close

Press Releases
Press Releases

Close

Investor Relations
Investor Relations

This page introduces information on JBIC's investor relations.

Close

Loan for Tempa Rossa project by Italian Subsidiary of Mitsui & Co.
Contributing toward Securing Energy Resources for Japan

  • Region: Europe
  • Energy and Natural Resources
  • Overseas Investment Loans
June 30, 2021
  1. The Japan Bank for International Cooperation (JBIC; Governor: MAEDA Tadashi) signed today a loan agreement amounting to up to USD180 million (JBIC portion) with Mitsui & Co., Ltd. (MITSUI). The loan is co-financed with a private financial institution, bringing the total co-financing amount to approximately USD301 million.
      
  2. The loan is intended to provide the funds required for Mitsui E&P Italia A S.r.l. (MEPIT), which is an Italian company invested in by MITSUI and which holds interests in the Tempa Rossa oil field development project (the project). In November 2013, JBIC signed a loan agreement with MEPIT pertaining to the project*1.
      
  3. The loan will support the oil field development project of MITSUI, thereby leading to promoting Japanese companies’ independent development and contributing toward the energy security of Japan.
      
  4. As Japan’s policy-based financial institution, JBIC will continue to support the development of energy resources by Japanese companies and financially assist in the securing of a stable energy supply for Japan.
      
Note
  1. *1 

Related Information

Search press releases

Fiscal Years
Sectors
Region
Finance Menu