Natural gas news

White & Case LLP has advised Citibank, N.A. and JPMorgan Chase Bank, N.A. as joint lead arrangers, joint bookrunners, and joint structuring agents, as well as IDB Invest, Corporación Andina de Fomento, and the other mandated lead arrangers and senior lenders, on the US$902.3 million senior secured limited recourse project financing for the Manzanillo LNG-to-power project in the Dominican Republic.

Tanzania Petroleum Development Corp., TAQA Arabia, and Africa50 have signed a gas sales agreement for East Africa LNG, the venture developing Tanzania’s first small scale LNG facility.

Suomen Lantakaasu’s has inaugurated Finland’s first industrial scale production facility for bio-LNG in Nurmo.

Lloyd’s Register is delivering classification and technical assurance for the conversion of an LNG carrier into a FSU for Dixstone Lower Gulf FZCO, a Perenco sister company.

CoreMarine has completed the disconnection of the Hilli Episeyo FLNG platform offshore Cameroon.

Kino Aski Inc. and Marinvest Energy Canada Inc. have announced the joint development of Kino Aski LNG, a First Nations-led energy corridor and LNG project designed to supply Europe with competitive, low-carbon Canadian energy.

Hahn & Co., the owner of South Korean shipping companies, SK Shipping and H-Line Shipping, will swap vessels and long-term contracts in a deal that will make SK Shipping Asia's largest LNG carrier operator, as reported by Reuters.

The first LNG cargo has arrived in Honduras under Centrica Energy's long-term sale and purchase agreement with Exodus.

XRG has announced its entry into Venezuela through the award of the offshore Loran licence by the Bolivarian Republic of Venezuela, and the transfer of interest in the license by PDVsA Gas.

Argentina LNG has submitted its application to join Argentina’s Large Investment Incentive Regime for the development of its integrated LNG production and export project, with a total investment of US$51 billions throughout the life of the project.