LNG

The Japan Bank for International Cooperation has signed a loan agreement in project financing for a floating storage and regasification unit (FSRU) to be operated by Japanese shipping company Mitsui OSK Lines and linked to a gas-for-power project in the West African nation of Senegal where plans are also underway for LNG exports.

Norwegian energy company Equinor said it would write down the book value of its Tanzania LNG project in East Africa on the company’s balance sheet by US$982 million.