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Gazprom, the state-backed Russian natural gas company, has signed project finance documentation with more than 20 global banks for the domestic part of the “Power of Siberia” venture transporting pipeline natural gas to China in competition to LNG.
Thailand’s state oil and gas group PTT has named Auttapol Rerkpiboon to be the next President and Chief Executive with a strategy for 2020 to start boosting its presence in the liquefied natural gas business as an importer and eventually a regional trader.
The Central American nation of El Salvador is preparing to become a liquefied natural gas importing country. The project valued at around $1 billion has completed its financing for the country to soon join the list of importers operating in the Americas after Panama started shipments for power.
Japanese energy major Inpex Corp. has achieved completion of the project financing contracts for its Ichthys LNG export plant at Bladin Point near Darwin in the Australian Northern Territory after costs and delays multiplied over several years.
TC Energy Corp., the Canada-based North American pipeline network company, has filed an application with the Canada Energy Regulator (CRE) for approval of a six-year negotiated and unanimously supported agreement with its customers and other interested parties on Canadian Mainline tolls.
The Japan Nuclear Regulation Authority (NRA) has taken a firm line on enforcing stricter anti-terrorism measures at nuclear plants meaning that four of the current nine operational facilities face shutdowns in 2020 and more LNG or thermal coal imports will be required.