Consortium Takes Ownership of Douglas Channel LNG Project
Posted on Jan 29, 2015 in Canada & Mexico, Financing, LNG Exports | Comments Off on Consortium Takes Ownership of Douglas Channel LNG Project
The Douglas Channel LNG Consortium, comprised of AltaGas Idemitsu Joint Venture Limited Partnership, EDF Trading Limited and EXMAR NV, announced that as a result of the Plan of Arrangement completed under the Companies’ Creditors Arrangement Act, it now has full ownership and control of the proposed Douglas Channel LNG barge-based export terminal facility near Kitimat, British...
Cheniere Energy Finalizes Equity Investment for Corpus Christi Liquefaction LNG Terminal
Posted on Jan 20, 2015 in Financing, LNG Exports | Comments Off on Cheniere Energy Finalizes Equity Investment for Corpus Christi Liquefaction LNG Terminal
Cheniere Energy, Inc. (Cheniere) announced that it has entered into a financing agreement with EIG Management Company, LLC (EIG) under which investment funds managed by EIG will purchase $1.5 billion of convertible notes to fund a portion of the proposed Corpus Christi Liquefaction LNG export terminal in San Patricio and Nueces Counties, Texas. According to the press release, the...
Alaska Commits More Funds to Port MacKenzie LNG Export Terminal
Posted on Dec 18, 2014 in Financing, State and Local Issues | Comments Off on Alaska Commits More Funds to Port MacKenzie LNG Export Terminal
The Alaska Journal of Commerce reports that the Alaska Industrial Development Authority has agreed to increase from $240,000 to $440,000 its share of expenditures for feasibility studies for a proposed 1 to 1.5 million tons-per-year LNG export terminal being developed by Resources Energy Inc. (REI) at Port MacKenzie, near Anchorage. REI is a consortium of Japanese...
Cheniere Engages 18 Financial Institutions to Arrange Funding for Corpus Christi LNG Export Terminal
Posted on Dec 12, 2014 in Financing, LNG Exports | Comments Off on Cheniere Engages 18 Financial Institutions to Arrange Funding for Corpus Christi LNG Export Terminal
Cheniere Energy, Inc. announced today that it has engaged 18 financial institutions to act as Joint Lead Arrangers to assist in the funding of up to $11.5 billion of debt facilities for the development and construction of the proposed Corpus Christi Liquefaction LNG export terminal and related pipeline near Corpus Christi, Texas. The announcement states that the estimated capital...
Texas LNG Brownsville Secures Funding for LNG Export Terminal
Posted on Dec 5, 2014 in Financing, LNG Exports | Comments Off on Texas LNG Brownsville Secures Funding for LNG Export Terminal
Texas LNG Brownsville LLC (Texas LNG) announced that it has secured development capital from Third Point LLC for a proposed 2 million tonnes per annum LNG export project on the Port of Brownsville shipping channel in Brownsville, Texas. Texas LNG expects to begin the FERC pre-filing environmental review process in early 2015 and the first LNG shipments from the project are planned for...
Repsol Seeks Partners for LNG Exports from Canaport Terminal
Posted on Dec 2, 2014 in Canada & Mexico, Financing, LNG Exports | Comments Off on Repsol Seeks Partners for LNG Exports from Canaport Terminal
Reuters reports that Spanish oil company Repsol, majority owner of the Canaport LNG import terminal in New Brunswick, Canada, is seeking financial partners for the construction of LNG export facilities at the terminal to export U.S. shale gas supplies to...