According to an EXIM statement, its board of directors approved the export insurance deal on February 19.
EXIM noted that the US is now the world’s largest LNG exporter, shipping over 111 million metric tonnes in 2025 — about 20 percent of domestic production is now exported, up from just 5 percent a decade ago.
“This transaction further advances President Trump’s energy agenda and reflects EXIM’s role as a frontline economic tool: opening markets for American exporters, creating good-paying jobs at home, and cementing U.S. leadership in the energy security partnerships that matter most,” it said.
Botas announced on September 12 that it had signed LNG and strategic cooperation agreements with several international energy companies to increase source diversity and capitalize on commercial opportunities.
The company signed medium- and short-term LNG agreements with BP, Shell, Eni, Cheniere, Equinor, Hartree, Jera, and SEFE.
Under these agreements, Botas will take delivery of approximately 15 billion cubic meters of natural gas equivalent of LNG between the years of 2025 and 2028.
Hartree will deliver a total of 600 million cubic metres (mcm) over two years.
