News | Board Minutes | 2007

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

SEPTEMBER 12, 2007

ITEM NO 1   Minutes of August 30, 2007, Board Meeting to be approved

Board Decision:  APPROVED

ITEM NO 2

Country SAUDI ARABIA                           AP082625XX

Request for FINAL COMMITMENT

Applicant      SAUDI CHEVRON PHILLIPS CO, AL JUBAI 31961 SAUDI ARABIA

Borrower       NATIONAL CHEVRON PHILLIPS CO, AL JUBAIL 31961 SAUDI ARABIA

Guarantor      NONE

Buyer          NATIONAL CHEVRON PHILLIPS CO, AL JUBAIL 31961 SAUDI ARABIA

End-user       NATIONAL CHEVRON PHILLIPS CO, AL JUBAIL 31961 SAUDI ARABIA

Exporter       CHEVRON PHILLIPS CHEMICAL COMPANY LLC, THE WOODLANDS TX

Exporter       ABB LUMMUS GLOBAL OVERSEAS CORP., BLOOMFIELD NJ

Exporter       ADDITIONAL EXPORTERS

Supplier       CHEVRON PHILLIPS CHEMICAL COMPANY LLC, THE WOODLANDS TX

Supplier       ABB LUMMUS GLOBAL OVERSEAS CORP., BLOOMFIELD NJ

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name  NONE

Project Description PETROCHEMICAL PROJECT

Product Description FINANCIAL SERVICES

Total Financed Amount $586,649,537

Repayment Term 11 YEARS

Board Decision APPROVED