As part of the WBG Energy Business Plan for Nigera, IFC invested $75 million and the IFC African, Latin American and Caribbean Fund invested $30 million in Seven Energy, one of the few companies developing and commercializing stranded and flared gas.
Peru LNG was the largest foreign direct investment in Peru’s history. It has supported economic growth in some of Peru’s poorest regions, through its contribution to government revenues and community-development programs.
IFC has financed Kuwait Energy to develop oil and gas projects in Egypt, Yemen, and several other countries. Kuwait Energy focuses on smaller oil and gas fields that are often overlooked by larger firms.
IFC’s Oil & Gas team provides equity and loan financing to small and midsize independents and larger players in the oil and gas sector. Our mission is to help companies reach their full potential in emerging markets and benefit the countries and communities in which they operate.
We support clients in all areas and stages of operations, including: