Posted on Jul 17, 2014 in
Financing,
Liquefaction |
Comments Off on World Bank to Help Finance World’s First Floating Liquefaction Plant
Bloomberg News reports that the International Finance Corp. (IFC), a member of the World Bank Group focused exclusively on the private sector, will help finance a $300 million project to develop the world’s first floating LNG liquefaction plant, which will be located in Colombia. The project is a joint venture between Pacific Rubiales Energy Corp. and Exmar NV. IFC’s global head of...