In a sign that the United States shale gas boom is making global waves, two Japanese conglomerates and a big French energy player signed agreements on Friday to invest up to $7 billion in a liquefied natural gas project in Louisiana.
The companies — Mitsui and Mitsubishi of Japan, and GDF Suez of France — each plan to take a 16.6 percent stake in the gas export plant being developed at Hackberry, La. The complex is being built by Sempra Energy, a company based in San Diego with annual revenue of about $10 billion. The companies agreed last year to help develop the project.
International companies, responding to a ravenous global appetite for natural gas, particularly in Japan and Europe, want access to shale gas from the United States, which has emerged as an important new source over the last few years. But because the United States has only recently shifted from being a gas importer to being self-sufficient in the fuel, the government has not yet agreed to allow exports except in a few cases and to the 20 countries with which it has free trade agreements, including Panama and Costa Rica.
“There are new opportunities every day. And there are financial Alternatives, and solution to every challenge! Let us open your mind for these selective alternatives. Read about opportunities and the news as it breaks!”
Financing of alternative energy projects have gained the attention of important market players. Wind, solar, hydro, biomass, geothermal as well as lately developed waste-to-energy projects, offer great opportunities for developers and investors to achieve satisfactory results and high returns on their investment. If such an investment is of interest to you, or selective other high yielding financial opportunities, then you should be on our investor list.
We at Selective Financial Services, help you and give a detailed analysis on which project is right for you to invest. Just not analysis, the report on when to invest and how much to invest to be a successful investor.