出口买方信贷保险、出口卖方信贷保险和出口延付合同再融资保险是目前中信保提供的三种中长期信用保险融资模式。为了规避汇率风险,承包商逐渐趋于谨慎选择出口卖方信贷模式。不需要直接贷款,不必承担汇率风险等优势使出口买方信贷和出口延付合同再融资保险成为承包商乐于接受的融资模式。本文以某大型国外炼油项目为例,深入分析中长期出口信贷产品中的“出口延付合同再融资保险”模式下EPC承包商的融资架构及信用证的作用,并在此基础上探讨了该炼油项目面临的主要风险,为中国企业承担同类型融资模式下的项目提供借鉴和参考。 Export buyer credit insurance, export seller credit insurance and export deferred contract refinancing insurance is currently provided by CITIC three types of long-term credit insurance financing. In order to circumvent the exchange rate risk, contractors gradually tend to be cautious in choosing the export seller credit model. No need for direct loans, do not have to bear the risk of exchange rate and other advantages of the export buyer credit and export contract refinancing insurance become contractors happy to accept the financing model. Taking a large-scale foreign oil refinery project as an example, this paper deeply analyzes the financing structure of EPC contractor and the role of L / C under the model of “export-to-contract refinancing insurance” in medium- and long-term export credit products. On this basis, The main risks facing the oil refining project for Chinese enterprises to undertake the same type of financing projects provide a model and reference.