Freeport LNG Seeking Financing for LNG Export Terminal
Bloomberg reports that Freeport LNG Development is seeking $7.5 billion to finance construction of the first two LNG production trains at its proposed LNG
export terminal on Quintana Island, Texas. According to the report, the facility will have three trains, with one train opening each year in 2017, 2018 and 2019. Financing for the third train will be sought in 2014.