Vopak and Exmar decide not to pursue FSRU transaction
Published by David Rowlands,
Editor
LNG Industry,
On 21 December 2016, both parties claimed that they had reached a conditional agreement on the acquisition by Vopak of Exmar’s participation in FSRU assets.
The finalisation of this transaction was subject to consent and cooperation of a number of stakeholders.
After careful consideration, both companies have come to the conclusion that these conditions will not be met on the envisaged transaction. Therefore, the closing of the FSRU transaction will not be pursued any further.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27042017/vopak-and-exmar-decide-not-to-pursue-fsru-transaction/
You might also like
Gasum’s bunkering vessel generates compliance for Gasum’s FuelEU Maritime pooling service
Gasum’s chartered LNG bunker vessel Kairos runs on renewable bio-LNG as a way to generate compliance as a service for Gasum’s FuelEU Maritime pooling customers.