USTDA ACCEPTING INITIAL PROPOSALS FOR GAS SECTOR PROJECTS IN EMERGING MARKETS
The U.S. Trade and Development Agency and the U.S. Chamber of Commerce Global Energy Institute, LNG Allies, and the 27th World Gas Conference, along with other U.S. industry partners launched the U.S. Gas Infrastructure Exports Initiative, including a call for initial proposals from project sponsors in emerging markets or U.S. companies working with project sponsors in emerging markets. These entities are invited to submit an initial concept paper (not to exceed five pages) on gas infrastructure-related projects to USTDA no later than January 15, 2018 at 5:00 p.m. Eastern Standard Time to be considered for funding.
The proposal should include a brief description of the project’s size and status, including project location, economic fundamentals, equipment and technology requirements, legal and regulatory considerations, potential U.S. exports and the purpose and amount of USTDA funding requested. The proposal should also outline the sponsor’s experience, potential options for financing the project, risks that the project faces, and estimated potential for U.S. content in the project’s implementation. For reference, USTDA’s full proposal guidelines along with Frequently Asked Questions are available here.
USTDA projects are assessed for viability, including proven technologies, as well as their social and environmental impact, and potential for U.S. exports. USTDA funding is open to private and public beneficiaries on a 100 percent grant basis.
The U.S. Gas Infrastructure Exports Initiative, launched on November 17, 2017, aims to connect U.S. expertise to priority infrastructure projects across the gas value chain in emerging economies.
For over 25 years, USTDA has been facilitating new business partnerships between U.S. companies and overseas gas project sponsors, including 307 projects across 75 partner countries.
Review of proposals is anticipated to take less than one month, depending on the volume received. We will request more thoroughly developed proposals (including terms of reference and budget) for those projects that are determined to be the most competitive for USTDA funding. We anticipate issuing additional calls for proposals in the future.