Pertamina secures $1.8bn deal for gas-fired plant in Indonesia, Venturex Resources given green light from Tarfigura for zinc project, and market moves

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:

• Indonesia’s state energy firm Pertamina has secured a $1.85 billion financing for its Jambaran-Tiung Biru natural gas project from a consortium of 12 banks led by Japanese lender Mitsubishi UFJ Financial Group (MUFG)

• Venturex Resources has received an approved term sheet from Trafigura for a A$100 million ($70 million) four-year senior pre-pay facility to fund development of its 100%-owned Sulphur Springs Copper-Zinc Project in Australia

• Does technology hold the solution to more accessible financing and cheaper cost of debt for SMEs? Sunita Mehta, vice president of FI & Trade at Stern International Bank, and Sam Permutt, director at Stern International Bank, see a digital future for what is still a largely analogue trade finance industry.

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