LNG player Shell plans to invest USD 1 billion in constructing a floating liquefied natural gas terminal offshore Kakinada, Andhra Pradesh in India, local media reported. Shell will build the floating LNG terminal off Kakinada in joint venture with Anil Ambani Group firm Reliance Power. The company already has an LNG import import in Hazira, [...]
Cheniere Energy Partners said that its wholly owned subsidiary, Sabine Pass Liquefaction, intends to offer, subject to market and other conditions, $1 billion principal amount of Senior Secured Notes due 2021. Sabine Liquefaction intends to use the net proceeds from the offering to pay capital costs in connection with the construction of the first [...]
Dana Gas PJSC, the Middle East’s first and largest private sector natural gas company, announced the detailed terms, conditions and implementation information for the refinancing transaction in relation to its US$1 billion 7.5% Sukuk-al-Mudarabah due 31 October 2012. Key Transaction Highlights: Lock-up and Standstill Agreement signed by the Ad Hoc Committee of Sukukholders, which represents [...]
As This Day Live reports, the board of the Brass LNG Ltd. said that pre-investment spending on the project is now over $1 billion. Chairman of the board, Dr. Jackson Gaius-Obaseki said that a lot of things had been undertaken to push the project further, adding, “I am happy to report that phase 1 of [...]
Petronet LNG of India plans to raise about $1 billion in debt in 2012 to expand its import capacity, Bloomberg reported, citing the company’s Finance Director R.K. Garg. The company plans to use about $600 million to build a new LNG terminal at Gangavaram port in Andhra Pradesh state on the east coast and $400 [...]
Wednesday, the U.S. President Obama, visited Daimler Trucks North America’s Mount Holly manufacturing plant, and spoke on alternative fuel technologies, according to a press statement. He announced a new $1 billion National Community Deployment Challenge to catalyze up to 10 to 15 model communities to invest in the necessary infrastructure, remove the regulatory barriers, and [...]
Encana Corporation has completed a public offering in the United States of US$600 million notes with a coupon rate of 3.90% due November 15, 2021 and US$400 million notes with a coupon rate of 5.15% due November 15, 2041. The net proceeds of the offering will be used to repay a portion of Encana’s commercial [...]
NAK Naftogaz Ukrainy, Ukraine’s state energy company, paid about $1 billion to OAO Gazprom, Russia’s natural-gas export monopoly, for Octobe… (bloomberg) Source: bloomberg, November 10, 2011; Image: naftogaz
Halliburton announced today the pricing of an offering of $1 billion in an aggregate principal amount of senior notes. The notes are being issued in two tranches – $500 million of 10-year notes bearing interest at a fixed rate of 3.25% per year and maturing on November 15, 2021, and $500 million of 30-year notes [...]
Petronet LNG, a private company promoted by state-run oil companies, plans to invest $1 billion in setting up a facility to import gas in sh… Source: Times of India Source:Times of India , July 21, 2011;