Barossa Gas Project

SK E&S, K-Sure and Kexim Face Rising and Unquantified Risks With Their Backing of the Barossa Gas Project Off Northern Australia

The Export-Import Bank of Korea (Kexim) and the Korea Trade Insurance Corp (K-Sure) are risking Korean public money by financing SK E&S’ investment in the Barossa gas project off the coast of Northern Australia. The Korean government agencies funding and insuring the Barossa gas project face significant and mounting risks on two fronts – native title and climate-related risks.

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