CAMERON LNG: $7.4 BLN
Japanese partners in the Cameron liquefied natural gas (LNG) terminal in the U.S. state of Louisiana said on Thursday the project has received final investment approval and lined up $7.4 billion in financing.
The move brings Japan a step closer to importing significant amounts of LNG from the United States, which government officials and buyers believe will reduce costs for electricity generation in Japan, which have surged with the country's nuclear power industry idled after the Fukushima disaster.
Cameron, Sabine Pass and more than two dozen other projects are in a race to sell relatively cheap, abundant…
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