Gulf Oil and Gas accountACCOUNT

Morocco Picks Financial & Legal Advisers for LNG Import Plan

Source: Reuters 1/3/2017, Location: Africa

Share |
Moroccan state-owned power utility ONEE has picked HSBC Middle East Limited as financial adviser for its plan to boost its imports of liquefied natural gas (LNG), ONEE said in a statement. It has also chosen the law firm Ashurst LLP as legal adviser for the same plan.

The HSBC contract is worth $7 million while Ashurst will earn around $2 million, the statement said. The entire project, worth up to $4.6 billion, includes the import of up to 7 billion cubic metres (bcm) of gas by 2025, the construction of a jetty, terminal, pipelines and gas-fired power plants.

Financials and Investment News in Morocco >>

Iran >>  5/21/2018 - Climate Action and Energy Commissioner Miguel Arias Ca?ete met Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Saturday in a bid ...
Iran >>  5/20/2018 - Iranian Oil Minister Bijan Zanganeh says Tehranís oil exports to remain unchanged if the Iran nuclear deal is salvaged by the EU following the US with...

Norway >>  5/18/2018 - DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new, five-year senior unsecured bonds to be iss...
Egypt >>  5/14/2018 - Governor of Egypt's Central Bank Tarek Amer said that the country is expected to make an $850 million payment on its debts to foreign oil companies. ...

Bahrain >>  5/10/2018 - Bahrainís government has launched an energy fund that aims to raise $1 billion from local, regional and international investors to develop the kingdom...
Iran >>  5/9/2018 - The U.S. President Trump abandoned a nuclear deal with Iran that was agreed in late 2015, raising the risk of conflict in the Middle East and casting ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Morocco Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

 

Oil & Gas Companies in Morocco >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.