Exmar has announced that it has secured US$200 million financing for its Caribbean FLNG project.
The finance was secured with Bank of China, Sinosure and a leading European financial institution.
The Caribbean FLNG is currently being built at Wison Offshore and Marine and will be delivered in the coming weeks. The proceeds from the financing will be used to pay the last installment to the shipyard.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/29062017/exmar-secures-financing/
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The US Energy Information Administration expects production of all fossil fuels – crude oil, coal, dry natural gas, and natural gas plant liquids – to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.
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