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Sasol closes on Westlake ethane cracker project

South African energy company Sasol has closed a $4 billion debt financing facility for its $8.9 billion ethane cracker project in Lake Charles, Louisiana

Mexico CFE sets timeline for San Isidro - Samalayuca pipeline tender

Mexico's National Electricity Commission (CFE) has published the timeline for the forthcoming tender of the San Isidro - Samalayuca natural gas pipeline project located in the municipality of Juarez, in the state of Chihuahua

Seplat makes offer for Afren

UK-based upstream oil and gas developer Afren confirmed today (22 December 2014) that it has received a “highly preliminary” takeover approach from Nigeria’s Seplat

Cheniere, GE sign $1bn service contract for Sabine Pass LNG

GE and Sabine Pass Liquefaction, a subsidiary of Cheniere Energy Partners have entered into a $1 billion, 20-year service contract for the Sabine Pass LNG export facility in Cameron pass, Louisiana

China Gas obtains ADB loan

China Gas has entered into a long-term loan facility of up to $450 million with the Asian Development Bank (ADB).

Morocco announces new LNG terminal plan

The Moroccon government has revived the prospects of a liquefied natural gas (LNG) terminal in the country, as part of a new national plan to increase gas imports

Pemex, Cydsa in Mexico LPG storage deal

Mexico's state-owned oil company Petróleos Mexicanos (Pemex) has signed an agreement with Cydsa for the development of a $130 million liquefied petroleum gas(LPG) underground storage project in Coatzacoalcos, in Veracruz state

Vitol to provide debt for Fortune Oil buyout

Commodities trader Vitol will support the £388 million ($607 million) buy-out of Fortune Oil by providing a £360 million debt facility

Woodside delays decision on Browse LNG

Woodside Petroleum has delayed a final investment decision on its proposed Browse floating LNG project until mid-2016

IFC leads $380m Pacific Midstream investment

The International Finance Corporation (IFC) and a consortium of investors, including the IFC Global Infrastructure Fund, have agreed to invest a total $380 million in Colombian pipeline and power transmission company Pacific Midstream

Fermaca awarded El Encino-La Laguna pipeline

Mexico's federal electricity commission (CFE) has awarded the El Encino - La Laguna natural gas pipeline project in Durango state to Fermaca

Orpic signs on Muscat-Sohar pipeline

Orpic Logistics Company (OLC) has signed on roughly $224 million of debt for the construction of a new multi-product oil and gas pipeline between Muscat and Sohar

Mexico launches Round One O&G auction

Mexico’s National Hydrocarbons Commission (CNH) published the bidding guidelines Thursday (11 December 2014) for its Round One auction for 14 shallow water exploration blocks

UK launches first power capacity auction

The UK's first power capacity auctions begin today (16 December 2014), with the government looking to procure an additional 48.6GW to be connected to the grid by the final quarter of 2018/first quarter of 2019

Woodside Petroleum to buy Apache’s LNG stakes

Australian energy company Woodside Petroleum has agreed to buy Apache’s interest in two liquefied natural gas (LNG) projects for $2.75 billion

RWE weighs up DEA sale without UK comfort letter

German utility RWE is still working to close the sale of its oil and gas unit to Russian fund LetterOne Group without the issue of a comfort letter from the UK Department of Energy and Climate Change

Cheniere names lenders for Corpus Christi LNG

Cheniere has chosen 18 banks as joint lead arrangers for the $11.5 billion debt backing the Corpus Christi export liquefied natural gas (LNG) project in Texas

Origin Energy extends bank facility

Australia’s Origin Energy has amended the terms of its loan facilities to provide a liquidity buffer for its APLNG project

Donggi-Senoro close pushed back slightly

The sponsors for the $2.8 billion Donggi-Senoro LNG project in Indonesia are expecting to draw on the debt at the beginning of next year

Pakistan’s Port Qasim LNG nears signing

Elengy Terminal Pakistan (ETPL) is set to sign and close financing in early January 2015 for the construction of an LNG terminal at Port Qasim in Pakistan, IJGlobal understands