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

• Region: North America
• Infrastructures
• Untied Loans

1. The Japan Bank for International Cooperation (JBIC; Governor: AMAKAWA Kazuhiko) increased on October 20 the maximum amount of financing available under its loan agreement with Japan Invest 2 LLC (JI2), a U.S. company established with equity investment from JBIC, to approximately USD283 million (from approximately USD138 million^*1). The loan is co-financed with private financial institutions, bringing the total co-financing amount to approximately USD850 million. 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 a crude oil transportation and export infrastructure project^*2 for industrial use, 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 additional investment for this project.
     

Note

1. *1 
   The loan amount will be increased in line with the progress of the project. For details of the most recent increase in the loan amount, see Press Release on August 14, 2026. 
2. *2 
   For an overview of the project, see Press Release on May 1, 2026.