Total wants to get $1.3bn loan repaid as it exits Arctic LNG 2
TotalEnergies has raised claims to get reimbursed approximately $1.3 billions for loans to Novatek’s Arctic LNG 2 project, as it completes its exits from the US-sanctioned Russian LNG project.
Banks line up $15 billion for Argentina LNG project
JPMorgan and Santander are among banks arranging a $14-15 billion debt financing facility of for the Argentina LNG venture, as project partners YPF, Eni and ADNOC’s XRG target a final investment decision (FID) in November.
Blandex closes loan for Argentina’s first LNG export project
Bladex has closed a US$125 million syndicated financing with a four-year tenor for Southern Energy S.A. (SESA), the consortium developing Argentina’s first LNG export project. The deal is mobilising capital in a bid to monetise Vaca Muerta gas.
GS Energy and Hanyang secure $815m loan for Yeosu LNG Hub
South Korean utility GS Energy and the construction firm BS Hanyang have been awarded a 1.1 trillion won ($815 million) project finance loan to develop the Northeast Asia LNG hub terminal in Yeosu. Built at a total cost of 1.4 trillion won, the project involves three LNG storage tanks with the first two slated to start operations by the end of 2027, and the third by the end of 2028.
Germany guarantees E.on's LNG deals
In a bid to reduce dependence on Russian gas, parliamentarians in Berlin are backing €2 billion in untied loan guarantees to help E.ON secure LNG from Canada's Goldboro venture and other long-term deals from projects in emerging markets.
