Santos LNG decision next month

Santos and its partner Petronas will likely make a decision on their Gladstone Queensland LNG project in Australia next month. The company is firming up offtake agreements and has given up hope of reaching agreement with the four other Qld LNG project proponents on a combined JV.

Four hydros planned

Thirsty for energy, Colombia is building four major hydroelectric power projects. While most generation projects in the country use balance sheet financing, the biggest of the four will have to rely on project finance from international banks and multilaterals, but no specifics are in place yet. By Alan Gersten.

Lane Cove in receivership

Sydney’s Lane Cove Tunnel has finally been placed in receivership after waiting in the grey zone of administration for the past few months. By John Arbouw.

Sidestepping the courts

Bidding activity has started again in the Portuguese road sector following its recent affordability issues. Both the Pinhal and AE Centro shadow toll roads are moving forward again. By Azadeh Sharafshahi.

Affordability hits home

Issue 425 - January 27, 2010

Pushing on with a project one can afford is usually a sensible option. In these stimulating times, maybe that logic can be tweaked a little. But sooner or later, it comes back. 2010 could see flat demand for project finance.

Al Qatrana − A case study

Issue 425 - January 27, 2010

The Al Qatrana power project is the second IPP in Jordan. By Chan-Hyuk Chun, Kepco, Fereydoon Abtahi, Xenel, Lorraine Ball, Allen & Overy, Roland Kahale, BNP Paribas and Tomoko Kawaguchi, BNP Paribas.  

PFI Awards Dinner

Issue 425 - January 27, 2010

The Project Finance International awards dinner was attended by more than 600 people last Wednesday at London’s Hilton Hotel on Park Lane. The evening was hosted by impressionist Rory Bremner, one of the event’s best hosts yet.