Venture Global Inc. said Thursday that it’s closed a $500 million term loan with four banks to fund pre-sanctioning construction activities for the company’s Plaquemines LNG export project in Louisiana. The transaction was upsized from $400 million to $500 million “based on strong lender interest,” the company said. The term loan was made by JPMorgan…
Articles from Plaquemines
Venture Global LNG Inc. has selected KBR Inc. to lead the first phase of construction for its Plaquemines liquefied natural gas (LNG) export project in a surprise announcement just months after KBR said it would exit the energy business. Venture Global said as the engineering, procurement and construction (EPC) contractor KBR would “integrate highly modularized,…
I Squared Capital has dished out $460 million to move along massive liquefied natural gas (LNG) export projects being developed along the Gulf Coast by Venture Global LNG.
Polish Oil & Gas Co. (PGNiG), one of Central Europe’s leading utilities, has more than doubled the amount of liquefied natural gas (LNG) it plans to import from the United States via Venture Global LNG’s proposed export facility in Plaquemines Parish, LA.
Venture Global Liquefied Natural Gas (LNG) Inc. is doubling its global business due to strong customer demand, with construction set to commence “imminently” on one of its two planned U.S. Gulf Coast export facilities, the developer said Thursday.
Swift Energy Co. has entered into a long-term agreement for natural gas gathering and processing services in the Eagle Ford Shale with Eagle Ford Gathering LLC, a 50-50 joint venture of Kinder Morgan Energy Partners LP and Copano Energy LLC.
The latest monthly lease sale held by Louisiana’s Mineral and Energy Board last Wednesday garnered more than $500,000 in bonuses, which brought the total collected for fiscal 2010-2011 to more than $24.3 million.