Buckeye Partners announces contribution of interest in Freeport LNG Train 2
Published by David Rowlands,
Editor
LNG Industry,
On 17 January 2020, Freeport LNG announced that Train 2 had successfully started commercial operations with the commencement of gas deliveries from BP under its 20-year tolling agreement.
Clark C. Smith, President and Chief Executive Officer of Buckeye, said: “The contribution of IFM GIF’s equity interest in Train 2 is the first step in a broader diversification strategy for Buckeye and further demonstrates IFM’s support of and commitment to Buckeye.
“The Train 2 equity interest will meaningfully increase our cashflows as well as decrease leverage. We also would like to congratulate the Freeport LNG team for the successful startup of Train 2 and commencement of commercial operations.”
Read the article online at: https://www.lngindustry.com/liquefaction/22012020/buckeye-partners-announces-contribution-of-interest-in-freeport-lng-train-2/
You might also like
ZIM and Shell complete first LNG bunkering in Jamaica
ZIM Integrated Shipping Services Ltd and Shell North America LNG LLC have announced the successful bunkering of the ZIM SAMMY OFER container vessel with LNG.