The Export-Import Bank of the United States (US Exim) has provided a direct loan to support exports of gas-related equipment.

The US$37.6mn loan has been made to a consortium of US firms, led by McDermott International, to supply an energy project off the coast of Trinidad and Tobago.

The project is being co-ordinated by BG Energy, of the UK, and will see the firms supply BG with natural gas compression equipment and technology. The other suppliers are Solar Turbines, Hudson Products, AWC, Gulfex and Point Eight Power.

A spokesperson for US Exim tells GTR that the details of the loan are classed as “business confidential”.