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China Eximbank pledges to provide loan for Nawabshah-Gwadar LNG Terminal and Pipeline Project

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Pakistan
Country	Pakistan
Start Date	Apr 20, 2015
End Date	Jun 25, 2032
Duration	6,276 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`52899`

Grant Description

China Eximbank pledges to provide loan for Nawabshah-Gwadar LNG Terminal and Pipeline Project On April 20, 2015, the China Eximbank and the Government of Pakistan signed a framework agreement on the Gwadar-Nawabshah LNG Terminal and Pipeline Project.

Under the agreement, China Eximbank reportedly pledged to provide debt financing (at an interest rate of LIBOR plus a 2% margin) for 85% of the cost of the project on a Build-Operate-Transfer (BOT) basis.

However, a loan agreement was never finalized and the Pakistani Government eventually decided to “shelve” the project.

📚 Sources & References

Iran-Pakistan pipeline could finally become reality
China’s Global Energy Finance: Chinese Development Bank (CDB) and Export-Import Bank of China (Ex-Im) 2018
CPEC Gwadar Port City Projects
CPEC Industrial Cooperation Projects
YEAR BOOK 2014-15
Energy Sector Development; Optimum Resource Challenges and Opportunities
Monitoring and Evaluation Report – July to September 2015
Dumped by Sharif
Gwadar-Nawabshah LNG terminal project may be revived
China,Iran Islamic Republic of,Pakistan : IRAN
PAKISTAN and CHINA form a partnership for bridging the gap in energy
IP gas pipeline: A fading opportunity for Pakistan
China-funded LNG project to turn into Iran-Pakistan gas pipeline: petroleum minister
Gwadar - Nawabshah Pipeline Development of a Project
LNG supply: Gwadar terminal, pipeline project stuck on paper
Govt abandons $2b Gwadar-Nawabshah gas pipeline project, 2016 Government of Pakistan Bond Prospectus Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.

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Government of Pakistan

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China Eximbank pledges to provide loan for Nawabshah-Gwadar LNG Terminal and Pipeline Project

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