Global Trade Alert
Global Trade Alert

United States of America: Introduction of USD 162.4 million loan guarantee to support methane emissions monitoring

Announcement

23 Oct 2024

In October 2024, the U.S. Department of Energy announced a USD 162.4 million loan guarantee to LongPath Technologies for the deployment of a methane emissions monitoring network across major U.S. oil and gas production regions.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

23 Oct 2024

Revocation date:

No revocation date

Loan guarantee In force

On 23 October 2024, the U.S. Department of Energy, through its Loan Programs Office (LPO), announced the provision of a USD 162.4 million loan guarantee to LongPath Technologies Inc. Funding will supp...

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