Freeport LNG Expects to Make Final Investment Decision on Train 3 Next Week
Posted on Apr 22, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Freeport LNG Expects to Make Final Investment Decision on Train 3 Next Week
Argus Media reports that Freeport LNG chief executive Michael Smith stated yesterday that a final investment decision (FID) is expected next week on LNG liquefaction Train 3 at Freeport LNG’s export terminal on Quintana Island, near Freeport, Texas. According to the report, South Korean utility SK E&S and Japanese company Toshiba have each signed contracts for 2.2 million...
Cheniere to Make FID on Corpus Christi LNG Terminal Within 30 Days
Posted on Apr 14, 2015 in Financing, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Cheniere to Make FID on Corpus Christi LNG Terminal Within 30 Days
Reuters reported today that Cheniere Energy plans to make a final investment decision (FID) within 30 days on its proposed Corpus Christi LNG liquefaction and export terminal in Corpus Christi Bay, San Patricio County, Texas....
Article Discusses Financing Issues for Jordan Cove Energy Project LNG Terminal
Posted on Mar 10, 2015 in Canada & Mexico, Financing, Liquefaction, LNG Exports | Comments Off on Article Discusses Financing Issues for Jordan Cove Energy Project LNG Terminal
An article in the Globe and Mail discusses financing issues related to the proposed Jordan Cove Energy Project bidirectional LNG terminal at Coos Bay, Ore., and speculates whether the terminal will begin LNG exports sooner than rival projects proposed in British Columbia....
Petronas Final Investment Decision on B.C. LNG Export Terminal Expected by End of June 2015
Posted on Mar 2, 2015 in Canada & Mexico, Financing, Liquefaction, LNG Exports | Comments Off on Petronas Final Investment Decision on B.C. LNG Export Terminal Expected by End of June 2015
The Financial Post reports that Malaysian oil company Petronas expects to make a final investment decision on the proposed Pacific NorthWest LNG export terminal in British Columbia (B.C.) by the end of June 2015. The article also states that Petronas is in talks to sell another 10-12% share in the project, which would reduce Petronas’s share to approximately 50%....
Cheniere Subsidiary Sabine Pass Liquefaction to Offer $2 Billion in Senior Secured Notes due 2025
Posted on Feb 27, 2015 in Financing, Liquefaction, LNG Exports | Comments Off on Cheniere Subsidiary Sabine Pass Liquefaction to Offer $2 Billion in Senior Secured Notes due 2025
Cheniere Energy Partners, L.P. announced today that its wholly owned subsidiary, Sabine Pass Liquefaction, LLC (SPL), will offer $2 billion of Senior Secured Notes, priced at par, with an interest rate of 5.625% per annum to mature on March 1, 2025. The offering is expected to close on March 3, 2015. SPL intends to apply the net proceeds from the offering to pay capital costs and...
Venture Global LNG Obtains Financing for Calcasieu Pass Export Project
Posted on Feb 11, 2015 in Financing, LNG Exports | Comments Off on Venture Global LNG Obtains Financing for Calcasieu Pass Export Project
Venture Global LNG, Inc. announced that it has obtained $125 million in equity financing to fund the development of LNG export facilities in the United States, including Venture Global’s Calcasieu Pass Project in Cameron Parish, La. According to the press release, full commencement of the Calcasieu Pass Project is expected in late...