Linklaters advises Eni on the Coral South Floating Liquid Natural Gas project financing

linklaters

Linklaters has advised Eni together with its Area 4 partners, CNPC, ENH, GALP and KOGAS on the ECA-backed multi-billion dollar project financing for the US$8 billion Coral South FLNG project in Mozambique. The financing is Africa’s largest ever project financing deal to date. It is also the world’s first project financing of a FLNG facility.

Daniel Tyrer, Partner, Linklaters, said: “This landmark transaction marks the beginning of a huge development process for Mozambique as it starts to capitalize on the significant natural gas resources in the Rovuma Basin. It is a very important and ground-breaking transaction for Eni and its Area 4 Partners which involved a complex legal structure and showcases Linklaters’ capabilities and expertise in dealing with major multi-sourced project financing.”

The Linklaters team, which was led by Project Finance partner Daniel Tyrer working alongside partners Mark Russell and Vanessa Havard-Williams and managing associate Ross Schloeffel, worked closely with Eni’s in-house legal team led by Senior VP for Legal Affairs for Finance, M&A, Mozambique Project, Reserves and International Renewables,

Source: LNG Industry

****Are you interested in your business been part of the Gas Boom in Palma? We have been there since 2013 and can assist you to be part of the group. Contact us at greg@yukonservice.com****

Yukon Services (Preferred Logistic and Forwarding Agent)

Top Website | http://www.yukonservice.com | greg@yukonservice.com
Our Preferred Clearing Agents | Preferred Logistic and Forwarding Agent | Best Car Clearing Agent Europe and Japan | #MozambiqueLatestNews | #Mozambiquepalmaoilgas| #Mozambiquepemba| #Mozambiquecabodelgado | #Mozambiquelogisticforwarding | #Mozambiqueminerals Offices in Maputo, Frigo Matola, Kilometer 4, Beira, Nacala, Numpula, Pemba

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s