The Dominican Republic’s Manzanillo LNG-to-power project has selected global law firm White & Case to advise lead arrangers and joint structuring agents Citibank and JPMorgan Chase on the $900 mn project.

Two Chinese-flagged vessels reported transiting Iranian side of Strait of Hormuz, days after major Chinese shippers said to have halted use of the route.

Bangladesh’s gas shortage has eased following supply of LNG from two floating LNG terminals in Cox’s Bazar in the southwest of the country.

Iran has discovered a new onshore gas field in the southern province of Fars holding 7.5 trillion cubic feet (212bn cubic metres) of natural gas in place, Oil Minister Mohsen Paknejad said.