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  1. Panama Expansion Puts East Asia In Reach Of Nascent US LNG Exports

    ...G cargo in February with the start-up of shipments from the first two 4.5mn tons/year trains at the Sabine Pass facility in Louisiana. And volumes from the US Gulf will soon become a flood, with over 14mn t/y more capacity (equivalent to 19bcm/year or 1.8bn cfd of gas) set to start up in 2017 to be fo...

    Volume: 59
    Issue: 27
    Published at Fri, 08 Jul 2016

  2. Saudi Electricity Taps China For $1.5bn, Takes Expansion Funding To $33bn

    ...ant, due online in 2017, which is being built by Korea’s Hyundai Heavy Industries, incorporating turbines and generators from Japan’s Mitsubishi Heavy Industries (MEES, 11 December 2015). ICBC’s loan is not linked to a specific project, and is likely an opportunistic investment by China at a time wh...

    Volume: 59
    Issue: 27
    Published at Fri, 08 Jul 2016

  3. Abu Dhabi Banking Giants In $29bn Merger

    ...spectively. The expected “effective merger date” is Q1 2017 and the combined bank will retain NBAD’s legal registration and the brand name “National Bank of Abu Dhabi.” FGB’s shares will be delisted on the effective merger date. Shaikh Tahnun bin Zayid Al Nahyan, currently FGB chairman, and brother of the UAE pr...

    Volume: 59
    Issue: 27
    Published at Fri, 08 Jul 2016

  4. Iran: Payments Start Flowing But Fear Factor Remains

    ...rt of OFAC to be crystal clear about this because they want to keep a little bit of uncertainty and therefore leverage in the system. I think it is unlikely we’ll see normal trade with Iran restored in 2016 – I think it’s more likely to be 2017. It’s all driven by what the US does and says on fi...

    Volume: 59
    Issue: 27
    Published at Fri, 08 Jul 2016

  5. Kuwait Eyes Short Term $17bn Debt Market Boost; Longer-Term Reform Is Needed

    ...uculent parliament. And with elections due by July 2017, MPs will be especially wary of supporting measures that could hit citizens in the pocket when they return from summer recess in October. Kuwait plans to tap the debt market to the tune of KD5bn ($16.7bn at KD1=$3.33) from domestic and in...

    Volume: 59
    Issue: 27
    Published at Fri, 08 Jul 2016