The board will consider termination of participation in Interconnector on Nov. 30, Gazprom said in a regulatory disclosure. It is unclear whether Gazprom will sell the 10% stake, Reuters reported.
Glencore will assume risks associated with loading oil and chartering vessels at ports where operations have become more unpredictable. Libya will gain steady sales to international buyers, Reuters said.
The acquisition will make Shell the world's top LNG trader, although it still needs approval from China and Australia's Foreign Investment Review Board to go ahead as planned in early 2016.
The Casper terminal is supported by take-or-pay contracts and will probably contribute about $26 million of adjusted EBITDA in 2016 based on minimum contracted payments, USD said.
Sunoco LP will raise cash for the deal through a bank loan and by selling shares. The deal is scheduled to close in February 2016, Reuters said.
The facility in Glasscock County, Texas, in the Permian Basin has capacity of 58 million cubic feet per day and currently processes about 45 million cubic feet per day.
Federal prosecutor Carlos Fernando dos Santos Lima said the bribes related to the Pasadena, Texas, refinery could lead to the annulment of the purchase, Reuters reported.
These Los Angeles refinery storage and handling assets, owned by Tesoro subsidiaries, include 97 crude oil, feedstock and refined product storage tanks and 50% interest in the Line 88 Pipeline.
Customers connected to Mexico’s national grid will gain a bundled natural gas supply package that can include Henry Hub or Houston Ship Channel-based pricing and swing and storage services.
Switzerland’s Ineos will supply ethane from Grangemouth to the Fife Ethylene Plant at Mossmorran in Scotland from mid-2017. The plant is owned by ExxonMobil Chemical Ltd. Reuters said.
The joint venture will launch the study at the beginning of 2016 about the construction of a LNG storage center in Yulin aiming to realize the peak shaving by LNG, Reuters said.
The tender, launched earlier this week, suggests a loading date in late December from the BG Group-operated Queensland Curtis LNG export plant, in which CNOOC owns a stake, Reuters reported.
|Mid||USD 15700||Members only||MarkWest Energy Partners LP|
|E&P||USD 29.5||Members only||Undisclosed|
|Mid||USD 40||Members only||Apache Corp.|
|E&P||USD 850||Members only||Encana Corp.|