Despite
tough
market
conditions,
the
final
loan
amount
raised
was
slightly
higher
than
the
original
target
of
$2.5
billion,
Reuters
reported.
The
loans
were
made
as
the
project
partners
await
government
approvals
for
plans
by
China’s
Sinopec
to
increase
its
stake
in
the
project
to
25%
and
increase
its
gas
purchases.
The
final
investment
decision
for
a
second
LNG
train
on
the
project
is
likely
to
be
made
once
these
approvals
come
through,
after
ConocoPhillips
and
Origin
approved
the
$14
billion
first
phase
of
the
APLNG
project
in
July.
However,
there
is
still
the…
