NextDecade Obtains Additional Funding for Rio Grande LNG Terminal
Posted on Jun 22, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on NextDecade Obtains Additional Funding for Rio Grande LNG Terminal
NextDecade, LLC (NextDecade) announced that Valinor Management, L.P. and Halcyon Energy Investors, L.P. have joined certain funds managed by York Capital Management Global Advisors, LLC and its affiliates in providing NextDecade with an additional US$85 million in order to take the proposed Rio Grande LNG (RGLNG) export terminal and Rio Bravo Pipeline project to Final Investment...
Cheniere to Jointly Sponsor Live Oak LNG and Louisiana LNG Projects with Parallax Enterprise
Posted on Jun 11, 2015 in Financing, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere to Jointly Sponsor Live Oak LNG and Louisiana LNG Projects with Parallax Enterprise
Cheniere Energy announced that it has agreed in principle to partner with Parallax Enterprises, LLC (Parallax), to develop up to 10 million tonnes per annum (mtpa) of LNG production capacity through Parallax’s two proposed mid-scale LNG export terminal projects: Live Oak LNG, to be located on the Calcasieu Ship Channel in southwestern La., and Louisiana LNG (LLNG), to be located...
Venture Global LNG Closes on Additional $84.5 Million Financing Deal
Posted on Jun 1, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Venture Global LNG Closes on Additional $84.5 Million Financing Deal
Venture Global LNG, Inc. (“Venture”) announced today that it has closed on a third round of equity financing in the amount of $84.5 million. Venture has raised a total of over $210 million in capital for its proposed LNG export terminal on the Calcasieu Ship Channel in Cameron Parish, La....
Petronas to Make Conditional FID on B.C. LNG Terminal Soon
Posted on May 26, 2015 in Canada & Mexico, Financing, Liquefaction, LNG Exports | Comments Off on Petronas to Make Conditional FID on B.C. LNG Terminal Soon
The Globe and Mail reports that Malaysian state oil company Petronas, primary sponsor of the proposed Pacific Northwest LNG export terminal in British Columbia (B.C.), expects to make a conditional final investment decision (FID) on the project within the next few weeks. The article also identifies other hurdles that remain for the project to move forward, including obtaining...
LNG Limited Raises A$174 Million For Magnolia LNG and Bear Head LNG Projects
Posted on May 20, 2015 in Canada & Mexico, Financing, Liquefaction, LNG Exports | Comments Off on LNG Limited Raises A$174 Million For Magnolia LNG and Bear Head LNG Projects
Liquefied Natural Gas Limited announced that it has raised A$174 million (before costs) to be applied to the commencement of an “Early Works” program at the proposed 8 million tonnes per annum (mtpa) Magnolia LNG export terminal at Lake Charles, La., and towards pipeline infrastructure development and front‐end engineering design for Bear Head LNG’s proposed 8 mtpa LNG export terminal...
Freeport LNG Announces Closing of Third Train Financing
Posted on Apr 28, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Freeport LNG Announces Closing of Third Train Financing
Today, Freeport LNG Expansion, L.P. (Freeport LNG) announced that its subsidiary, FLNG Liquefaction 3, LLC, successfully closed on debt financing commitments of approximately $4.56 billion in capital required for the construction of the third liquefaction train at Freeport LNG’s export terminal on Quintana Island near Freeport, Texas. With closing on financing, Freeport LNG issued a...