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Freeport LNG Finalizes $383 Million Financial Agreement

Freeport LNG yesterday reported that it has obtained funds through a $383 million financial deal reached with nine investors. The money will be used to develop an underground salt cavern gas storage facility and Phase 1 of the company’s LNG terminal proj
December 19, 2005

Freeport LNG yesterday reported that it has obtained funds through a $383 million financial deal reached with nine investors. The money will be used to develop an underground salt cavern gas storage facility and Phase 1 of the company’s LNG terminal project in Freeport, Texas. The press release is available through BusinessWire. [Free registration necessary]

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