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first_img FacebookTwitterLinkedInEmailPrint分享Platts:Bridge financing fell through that was essential to keeping LNG Ltd. operating long enough to close an agreement to be taken over by a Singaporean investor, amid a further deterioration in market conditions due to the coronavirus pandemic, the Australian company said.The development raised the potential for liquidation, which would imperil the company’s proposed Magnolia LNG export project in Louisiana.When the $75 million takeover offer from an energy investor with ties to floating regasification facilities in Asia and Europe was announced Feb. 28, LNG Ltd. said the deal was critical to saving Magnolia LNG. The alternative was the risk of liquidation or administration, which is akin to bankruptcy in Australia, the company said at the time. Insolvency would trigger contract clauses that could allow counterparties to terminate the project’s engineering, procurement and construction contract and its site port lease.Since then, LNG market turmoil has only increased due to the coronavirus. The market value of LNG Ltd. shares has plummeted to less than half the offer price, to $34 million. LNG Ltd. said it continues to believe the takeover offer is its best shot at preserving the company and its main project. The deal is not guaranteed to be successful, however. The terms said there could be “no material adverse change occurring in respect of” LNG Ltd. prior to closing.Magnolia LNG already has a permit certificate from U.S. regulators and a fully wrapped engineering and construction contract. What it does not have are any firm offtake deals. Last fall, the company announced a preliminary deal for 2 million tonnes per annum of supply tied to a proposed Vietnamese power project, but that transaction still must be finalized. In its announcement of the takeover offer, the company could not say for certain that additional offtake commitments would be secured.Besides Magnolia LNG, LNG Ltd. also has proposed an export terminal in Eastern Canada called Bear Head LNG. The company had previously said it continues to market capacity there, primarily to major Western Canadian Sedimentary Basin gas producers.[Harry Weber]More: Financing to keep afloat export developer LNG Ltd. falls through Australian LNG company’s planned Magnolia export terminal in Louisiana in jeopardylast_img read more

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first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

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first_imgThe court recommended a P200,00O bail bond for the suspect’s temporary liberty./PN The 36-year-old resident Stalien Jed Mirador was caught around 6:30 p.m. on June 22, a police report showed. Mirador’s apprehension was staged on the strength of an arrest warrant, the report added.  He was detained in the lockup facility of the Barotac Nuevo police station. ILOILO City – Police arrested a man charged with frustrated murder in Barangay Licu-an, Barotac Nuevo, Iloilo.last_img

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first_imgBy Don Martin IIMERCED, Calif. (Aug. 2) – Alex Wilson won Sunday’s 20-lap Xtreme Motor Sports IMCA Modified fea­ture at Merced Speedway.The lead trio of Bob Williamson, Wilson and Bill Egleston ran close early on.  An inside move on the seventh lap gained Wilson the lead, but he got sideways a lap later as Egleston raced by.  However, Wilson beat Egleston back to the line for the lead on lap nine.Alex Wilson started to pull away, Kyle Wilson began making his move, passing Ricky Thatcher for fourth on lap 11 and Williamson for third on lap 15.  As Alex Wilson happily took the checkered flag, Kyle made a low move in the final turn to grab second from Egleston.After taking the lead from Dwayne Short and surviving a late challenge from Bruce Nelson, Gary Tucker won his second 20-lap Karl Chevrolet Northern SportMod event of the season.last_img read more

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first_imgLawrenceburg, In. — A multi-state police pursuit that resulted in injuries to at least one Lawrenceburg police officer ended in Dearborn County overnight.Police say Forest Park police began an investigation after being notified the a woman stopped taking her psychiatric medicine and acting erratically. Family members told police they attempted to get her to a hospital but she would not cooperate. Police found the woman at a nearby Walmart and took her to the police station.Since she was not in custody she was allowed to sit in the police station lobby while arrangements were being made for her care. It was then she walked out and took off in the Forest Park police cruiser around 12:30 a.m.The suspect went west on I-275 into Kentucky, then Indiana. After police deployed stop sticks on I-275 in Dearborn County near exit 16 the woman hit them twice and crashed over an embankment. She was captured after a short foot chase and taken to the Dearborn County Jail.The unidentified police officer drove himself to an area hospital with minor injuries.last_img read more

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first_imgRelatedPosts Lampard: I still have confidence in Tomori Suarez agrees Atletico terms Mane double eases Liverpool to win over 10-man Chelsea Saul’s early strike handed Atletico Madrid a narrow 1-0 win over Liverpool in the Champions League knockout round first leg. Liverpool fielded what was arguably their strongest line-up for the first time this season, with Fabinho slotting into the midfield three at the expense of Naby Keita and Sadio Mane returning from a hamstring injury. But it was Atletico who started the brighter of the two sides and the signs of danger were there when Renan Lodi’s cross eluded Alvaro Morata by a matter of inches. With only five minutes on the clock, the Spanish giants went ahead. Virgil van Dijk gave away a corner with an unusually panicked clearance and Koke’s delivery caused mayhem in the box before striking Fabinho. Saul reacted first and calmly stroked past Alisson to send the home fans into frenzy. That goal only served to increase the decibels inside the already-deafening arena and put Liverpool behind for the first time since they drew 1-1 with Napoli. The holders found themselves up against a resilient backline, camped on the edge of their own box in two banks of four. But when Liverpool lost possession, Morata and Angel Correa looked ready to pounce. And the former missed a huge opportunity to make it 2-0 when he capitalised on an error from van Dijk only to see his effort blocked by Alisson. Liverpool were struggling to find a way past the Atletico blockade in front of Oblak and it proved again when Mohamed Salah, some 12 yards out, saw his goalbound effort hit Felipe rather than the back of the net. Klopp took decisive action at the break, replacing Mane with Divock Origi who had proven his capability of grabbing a crucial goal in the past. But their best chance fell to Salah when he was found by Joe Gomez with a deep cross only for the Egyptian to glance his header wide of the target. Atletico continued to sit deep and frustrate the Merseyside outfit and with Salah failing to make an impact, Klopp sent on Alex Oxlade-Chamberlain. Captain Jordan Henderson came the closest to levelling the score, volleying wide from Origi’s cross, and the Reds were dealt a big blow when the midfielder went off with an injury. With Diego Simeone proving to be Atletico’s biggest cheerleader, encouraging more noise from the supporters, his side responded with some tireless work off the ball to nullify Liverpool’s front three. Meanwhile, his opposite number Klopp threw his hands up in frustration after seeing the referee award fouls against his players and the home side – buoyed by their noisy supporters – held out for an impressive, hard-fought victory, leaving Liverpool with work to do in the second leg at Anfield.Tags: AlissonAlvaro MorataAtletico MadridLiverpoolNaby KeitaSadio ManeSalah Mohamedlast_img read more

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first_img… Ann’s Grove edge Winners Connections for third placeA FIRST-HALF double from Guyana Police Force’s (GPF) Ashton Wallace was all it took for the lawmen to secure their first-ever senior knock-out title when the final of the 22nd Annual Mayor’s Cup football tournament concluded on Sunday night at the Tucville ground.Wallace opened his account after a strike from inside the box rebounded off Western Tigers custodian and fell into his path and he finished well.Thirteen minutes later, Wallace completed his brace after his teammate Dwayne Charles took a freekick from the right side and Wallace, who was lurking in the area, rose above his marker and directed a header into the far corner.It was the seventh goal Western Tigers had conceded from four matches in the tournament.The lawmen earned for themselves $700 000 and the Aruwai Resort trophy as well as hampers from Ricks and Sari Agro Industries Limited, while Western Tigers will receive $300 000 and the Ansa McAl trophy.Meanwhile, Ann’s Grove (East Demerara) edged Federal Winners Connections 1-0 through a Nkesi Denny 35th minute strike and for the victory they earn the $200 000 third prize, along with the John Fernandes Limited trophy.Federal Winners Connection for their part will receive $100 000 and the Ministry of State trophy.Western Tigers’ Dwayne McLennon with six goals to his name was the highest goalscorer of the tournament and for his achievement he will receive a three-piece suite, compliments of A.H & L Kissoon Furniture Store.last_img read more

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first_imgA lot of things have changed since the time I was playing. The CAF we knew before was not the same we know now. The stadia have also greatly developed. The technology has already grown and it is not like in our days where there were no social platforms to follow up the players and the competition.Now you don’t need to travel to watch your team play. You can just sit at home and watch your favourite players and teams on social media. This is something that has helped African football grow to become better and better.The CAF Champions League has also grown and if you look at all our respective local leagues, they have developed as well. We have good talented players all across Africa and more are moving abroad.What are some of the most memorable moments you have of your playing career at AFCON?I think for me, every moment I played at the AFCON was memorable because not everyone has the chance to play in AFCON. If you are there it means a lot. But the games that I do remember were when we played against Cameroon, Ghana or the North African teams.One match I remember was in 2004 when we beat Cameroon 2-1. That was a prestigious moment for us.You have scored plenty of fine goals in your career, but which are the most memorable?The most memorable goal for me has to be the two I scored against Brazil (Olympics 1996). I do love Brazil and I always support them. When we played in the semis it was like “ooh the mighty Brazil’… We were 3-1 down five minutes to the end of the game and we scored to come 3-2.In injury time I scored a special goal that saw the game end 3-3 and at that time, the Golden Goal Rule was still applied and I scored the fourth goal in extra time.It was special because the Brazil team then was the best. It had all the big players in that game but we finally won and the important goals were scored by Kanu.You are now here at the AFCON 2019, who do you expect to shine?You have every country with their own superstars. Egypt has Mo Salah but unfortunately they are out; Senegal has Mane (Sadio), Nigeria has Ighalo (Odion). For me the stars are everyone and these are the players people will be looking at.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Nigerian and African football legend Nwankwo Kanu has said that football in the continent has greatly improved since his playing days, crediting the Confederation of African Football (CAF) for the efforts they have put in to help grow the game.Kanu is in Egypt as one of the African legends grazing the 2019 Total Africa Cup of Nations and the former striker, a two-time African Footballer of the Year and AFCON finalist with Nigeria in 2000 sat down with Cafonline.com for a brief chat.How would you compare football now to your days?last_img read more

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first_img Published on September 28, 2019 at 5:48 pm Contact Mitchell: mbannon@syr.edu Facebook Twitter Google+ A day after Syracuse narrowly fell to No. 3 Clarkson 4-3 on Friday, the Orange’s ineffective special teams play once again held them back from victory on Saturday.Three consecutive power plays to start the game gave Syracuse (0-2) the opportunity for an ideal start just a day after dropping its home opener. But Clarkson (2-0) managed to kill each of them off. Syracuse went on to regret failing to capitalize early, as two late-first period goals by Clarkson took the Golden Knights into the locker room up 2-0.Following the Orange’s home opener, SU head coach Paul Flanagan said penalties on both sides prevented Syracuse from gaining momentum at five-on-five. With 22 total penalty minutes in Saturday’s game between the two teams, the Orange’s power play and penalty kill units were asked to log significant minutes for the second day in a row.Despite injuries to two key forwards, Rhyen McGill and Caitrin Lonergan, that kept them out of Saturday’s action, Clarkson seemed no worse for wear. Two tallies in the opening minutes of the second period put the Golden Knights up 4-0 and positioned the 2018 National Champions for a weekend sweep to start the season.AdvertisementThis is placeholder textClarkson’s five total goals came on 29 shots against Orange goaltender Allison Small in her season debut. The game was just Small’s third regular season start for Syracuse, as she joined the Orange on a midseason transfer from Quinnipiac last year.Syracuse’s lone goal came from freshman Anna Leschyshyn, her first career goal, with 16:05 remaining in the contest. Leschyshyn has started the season alongside freshman forwards Brynn Koocher and Madison Beishuizen, forming a “rookie line” that has received praise from Flanagan and captain Lindsay Eastwood.“They’re doing a good job,” Eastwood said. “It makes me excited to see them out there together.” Commentslast_img read more

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first_imgWelterweight Adam Nolan will be first into the ring when he takes-on a Russian opponent in the last-16.Later this evening, light-heavyweight Joe Ward will be hoping to show his gold medal credentials against a Georgian fighter.last_img