KfW, ADB and World Bank fund clean energy in Indonesia
Germany's state financing body KfW has agreed a $200 million loan with Indonesia on the grounds of adjustments to fuel and electricity tariffs, e.g. higher tariff-cost-coverage, feed-in tariffs and standards for demand-side response, board member Dr Norbert Kloppenburg said. In parallel, the Asian Development Bank (ADB) and the World Bank are granting loans of $500 million each in a first tranche, while the French counterpart AfD plans a contribution of $150 million.
Qatar 'unlikely' to lift LNG sendout capacity
Qatar National Bank anticipates the Emirate's liquefaction capacity "will continue plateauing in the medium term" due to rising domestic demand. Global markets have little room for more Qatari LNG volumes beyond the current 77 mtpa, as cargoes have to compete against an upswing in Australian exports and new ventures in North America and east Africa.
Cameron LNG draw-down expected in September
Aug 21 (LNGJ) - Project sponsors of the $10 billion Cameron LNG project concluded debt financing and are expected to make their first draw-down in September.
Financing secured for the project amounts to $7.4 billion, based on commitments from the Japan Bank for International Cooperation and 29 commercial lenders. Sponsors took FID on August 6.
Qatar unlikely to lift LNG sendout capacity - bank
Qatar National Bank analysts expect the Emirate's hydrocarbon production and export capacity to "continue plateauing in the medium term", amid rising domestic demand. There's little room for more Qatari volumes beyond the current 77 mtpa, as cargoes have to compete against an upswing in Australian exports and new ventures in North America and east Africa.
