Natural Gas & LNG News • 20 hours Ago
ADB to end Asian upstream financing
The bank will continue funding gas pipelines, power plants and LNG terminals, as long as they improve energy access and reduce emissions.
The new company plans to invest $250mn, with its first deal expected to be announced "very soon."
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The contract for the British company revitalises gas work off Mauritania and Senegal.
The EIA said the lack of new export capacity is the main limiting factor.
An arbitration tribunal had ruled in favour of Cairn in a six-year-old retrospective tax dispute and ordered the Indian government to pay damages of $1.2bn plus interest and costs.
The upstream industry is looking forward to producing the fuel needed to enable the energy transition.
HUGRS will boast a gas injection capacity of 1.5bn ft3/day and a withdrawal capacity of 2bn ft3/d.
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