Binding agreements for the sale of EDF’s stake in Dunkerque LNG have been signed
Published by Will Owen,
Editor
LNG Industry,
The EDF Group announces that the binding agreements for the disposal of its interest in the share capital of the LNG terminal at Dunkirk (Dunkerque LNG) have been signed.
The agreements have been signed with, on one hand, a consortium composed of Fluxys, AXA Investment Managers, and Crédit Agricole Assurances and with, on the other hand, a consortium of Korean investors composed of Samsung Securities Co. Ltd, IBK Securities Co. Ltd., and Hanwha Investment & Securities Co. Ltd.
The terms of the transaction remain unchanged and closing is expected for the second half of 2018, once required regulatory approvals have been granted by the French authorities.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/13072018/binding-agreements-for-the-sale-of-edfs-stake-in-dunkerque-lng-have-been-signed/
You might also like
EIA: US natural gas trade will continue to grow with the start-up of new LNG export projects
The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.