EBRD to suspend Russia and Belarus; Poland, Lithuania speed up gas link amid Russia supply concerns; SACE’s Archirodon Group loan marks inaugural sustainability-linked untied credit line
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
The EBRD is just waiting on approval from its governors to suspend indefinitely Russia and Belarus’ access to EBRD finance and expertise
A natural gas pipeline called GIPL will open on 1 May, ahead of its initially anticipated mid-2022 start, linking the Polish grid with a route to an LNG terminal in Lithuania
SACE, HSBC and Archirodon have signed an agreement for a $50 million untied three year credit line with a link to sustainability
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