Notice of 25 day comment period regarding an application for final commitment for a long-term loan or financial guarantee in excess of $100 million.
Reason for Notice: This Notice is to inform the public, in accordance with Section 3(c)(10) of the Charter of the Export-Import Bank of the United States (“Ex-Im Bank”), that Ex-Im Bank has received an application for final commitment for a long-term loan or financial guarantee in excess of $100 million (as calculated in accordance with Section 3(c)(10) of the Charter). Comments received within the comment period specified below will be presented to the Ex-Im Bank Board of Directors prior to final action on this Transaction.
Purpose and Use
Brief description of the purpose of the transaction:
To support the export of U.S. services and equipment for setting up of new gasification plant and the expansion and improvement of petrochemical manufacturing facilities in India.
Brief non-proprietary description of the anticipated use of the items being exported:
To be used for the expansion and improvement of petrochemical manufacturing facilities and setting up of new gasification plant in India.
To the extent that Ex-Im Bank is reasonably aware, the item(s) being exported may be used to produce exports or provide services in competition with the exportation of goods or provision of services by a United States industry.
Principal Supplier: Fluor Enterprises, Inc.
Obligor: Reliance Industries Limited.
Description of Items Being Exported
Gas turbines, compressors, centrifuges, technology licenses, engineering services and related equipment.
Information on Decision: Information on the final decision for this transaction will be available in the “Summary Minutes of Meetings of Board of Directors” on http://www.exim.gov/articles.cfm/board%20minute.
Confidential Information: Please note that this notice does not include confidential or proprietary business information; information which, if disclosed, would violate the Trade Secrets Act; or information which would jeopardize jobs in the United States by supplying information that competitors could use to compete with companies in the United States.
Comments must be received on or before November 5, 2012 to be assured of consideration.
Comments may be submitted through www.regulations.gov.
Deputy General Counsel.
[FR Doc. 2012-24981 Filed 10-10-12; 8:45 am]
BILLING CODE 6690-01-P