Cheniere Energy Partners has closed a $3.6 billion financing for the $5 billion first phase of its Sabine Pass LNG export facility.

Glencore Exploration has closed syndication and signed a $390 million seven year reserves-based facility with a syndicate led by French banks.

The Gazprom-led Shtokman gasfield development project has been shelved after the sponsors – Gazprom 51%, Total 25% and Statoil 24% – failed to reach a final investment decision last month.