Gulf Oil and Gas accountACCOUNT

Glencore to Acquire LNG Business of Orsted A/S

Source: www.gulfoilandgas.com 12/18/2019, Location: Europe

Glencore’s Oil division is pleased to announce that is has entered into an agreement to acquire the LNG business of Orsted A/S (Orsted). The agreement will involve Glencore novating a number of contracts, including the right to use 3bcm of annual regasification capacity at the Gate terminal in Rotterdam until 2031. The agreement also includes a number of LNG supply contracts.

The transaction involves a payment from Orsted to Glencore and is subject to a number of conditions. The transaction is expected to close in the summer of 2020.

LNG Processing News in Switzerland >>

United Kingdom >>  8/3/2020 - Independent Oil and Gas plc ("IOG"), (IOG.L) is pleased to announce that it has awarded the Engineering, Procurement, Construction and Installation (E...
Cyprus >>  7/31/2020 - Hill International, the global leader in managing construction risk, was selected by the Natural Gas Infrastructure Company of Cyprus (ETYFA) to lead...

Norway >>  7/17/2020 - Aker Solutions is launching a series of structural and strategic changes to transform the company and enhance shareholder value by spinning off the wi...

Related Categories: Deodorization system  Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Related Articles: Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 


Switzerland Oil & Gas 1 >>  2 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.