Export-Import Bank eyes expanded role with LNG sector

(S&P Global, Washington, 30 August 2019) The US Export-Import Bank could become a new source of support for US LNG export projects working to secure long-term contracts and financing, according to industry officials involved in recent discussions with the bank leadership. Ex-Im Bank Chairman Kimberly Reed met by teleconference with US LNG trade group officials August 21 to discuss ways the bank could help boost the volume of domestic LNG exports. Whether the bank can successfully expand its role hinges in part on getting attention from Congress to keep the bank fully operating past the end of September when its authorization runs out.