When completed, the FSRUwill be deployed in Lampung, West Java in Indonesia under a long-term charterto state-owned power company PT Perusahaan Gas Negara (PGN).

Standard Chartered says thetransaction sets a precedent in the market as one of the first new build,limited recourse, ECA-backed financing for an Indonesian flagged vessel.

Standard Chartered acted as jointstructuring bank along with BTMU and sole coordinating bank for the facilitywhich is supported by the Korean ECA K-Sure.

It