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Top News In தொழில்துறை வாயு ப்ராடக்ட்ஸ் வழங்கப்பட்டது Today - Breaking & Trending Today

Singapore's Hyflux Faces Liquidation After Investor Talks Fail

(Bloomberg) Singapore’s highest-profile distressed company Hyflux Ltd. is headed for a potential piecemeal selloff of its assets, capping a years-long saga that has left retail investors and creditors in the lurch. ....

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Tanzania Aims to Start Building $30 Billion LNG Project in 2023


Jun 04 2021, 3:32 PM
June 03 2021, 4:14 PM
June 04 2021, 3:32 PM
(Bloomberg) Tanzania plans to begin the construction of a delayed $30 billion liquefied natural gas project in 2023, following the resumption of talks with companies including Equinor ASA.
(Bloomberg) Tanzania plans to begin the construction of a delayed $30 billion liquefied natural gas project in 2023, following the resumption of talks with companies including Equinor ASA.
Construction is expected to take about five years, Energy Minister Medard Kalemani told lawmakers on Thursday.
The project gained momentum after President Samia Suluhu Hassan took office in March, and directed her administration to fast-track delayed investments. Plans for an LNG plant on Tanzania’s southern coast and a pipeline connecting offshore fields have been under consideration since 2014. Talks, however, stalled for more than a year under Hassan’s predecessor John Magufuli. ....

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