Gazprom signs financing with over 20 banks for domestic part of Russia-China gas pipeline
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.
Calcasieu Pass fully financed
Venture Global LNG has confirmed the closing of the project financing for its Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana.
Cheniere hires 25 banks in financing exercise for Corpus Christi LNG export project in Texas
Corpus Christi LNG, the project being developed in South Texas by Cheniere Energy, has hired a group of more than 25 banks from the US, Europe and Asia to restructure $6.4 billion of credit facilities as part of the financing of the third processing Train, demonstrating the viability of the emerging US export industry.
Cheniere to raise $1.5Bln
Sept 13 (LNGJ) - Cheniere Energy, operator of the Sabine Pass export plant in Louisiana and the developer of more liquefaction Trains, has increased its offering of Senior Notes, a first-call form of debt security, from $1 billion to $1.5Bln. The notes will bear interest at a rate of 5.25 percent per annum and will mature in October 2025. The closing of the debt offering is expected on September 18. Cheniere said it intended to use the net proceeds to pay down a portion of some of its outstanding term loans.
