Financing for Crude Oil Transportation and Export Infrastructure Project in United States
Supporting Second Investment for Project

• Region: North America
• Infrastructures
• Untied Loans

1. The Japan Bank for International Cooperation (JBIC; Governor: AMAKAWA Kazuhiko) signed on July 16 an amendment agreement to increase the maximum amount of a loan (from approximately USD104 million) to approximately USD138 million with Japan Invest 2 LLC (JI2), a U.S. company established with equity investment from JBIC. The loan is co-financed with private financial institutions, bringing the total co-financing amount to approximately USD415 million following the amendment. Nippon Export and Investment Insurance (NEXI) will provide the insurance for the loan by the private financial institutions.
     
2. The loan is intended to provide the funds necessary for JI2 to invest in an industrial crude oil transportation and export infrastructure project^*1, under the Strategic Investment Initiative based on the Memorandum of Understanding on Strategic Investment announced by the Governments of Japan and the United States in September 2025. This loan corresponds to the second investment for this project.
     

Note

1. *1 
   See Press Release on May 1, 2026.