LNG

The Japan Bank for International Cooperation (JBIC) said it helped JERA Co. Inc., the largest Japanese utility and LNG importer, to acquire a 27 percent stake in Aboitiz Power Corp. of the Philippines for $1.58 billion.

The Arctic LNG II project being developed on the Gydan Peninsula in northern Siberia has amended a project financing agreement signed earlier in 2021 with several Russian banks to increase the maximum allowed under the facility