The term of the loan is up to 25 years and, upon approval of the state aid by the European Commission, 100% of the company’s financial obligations under the loan agreement will be secured by a state guarantee.

The final loan amount will be determined by the cost of FSRU and the totality of the technical and financial circumstances related thereto. The main terms of the acquisition of the specific FSRU and the final decision will be approved in a separate meeting of KN’s Board.