East Timor, China: Island Nation Prepares to Sign $11 Billion Loan for LNG Plant

Timor Gap, East Timor's state-owned natural gas company, is prepared to sign an $11 billion deal with China's state-owned Exim Bank to fund an onshore liquefied natural gas plant, port and subsea pipeline to the Greater Sunrise gas block, The Australian reported June 25, citing an unnamed source. ...