RE: ECA notifications25 Oct 2018 19:05
The Export Finance country cover for Ghana is up to £500 million which is consistent with the GE deal size. The country cover size for FI is only £25 million, which is not a lot.
The Ghana deal was with a UK manufacturer of export goods, but Premier is not a manufacturer nor an exporter of goods. I am surprised that UKEF is involved, unless they are being asked by PMO to support the manufacturers of individual procurement packages such as trees, flowlines, risers, valves and well hardware with slugs of £25 million each.