EDF sells stake in Dunkirk LNG terminal

Published by David Rowlands, Editor
LNG Industry, Wednesday, 31 October 2018 08:45

The EDF Group has announced that, having acquired the necessary regulatory approvals, it has sold its stake in the Dunkirk LNG terminal.

According to the statement, the transaction was made on the basis of an average enterprise value of €2.4 billion for the Dunkerque LNG company. The disposal will contribute towards the reduction of the EDF Group’s net financial debt by €1.5 billion.

With the transaction, EDF claims that it has now realised €9.6 billion of its targeted €10 billion asset disposal plan. The objective of finalising the plan by the end of 2018 is confirmed.

Read the article online at: https://www.lngindustry.com/regasification/31102018/edf-sells-stake-in-dunkirk-lng-terminal/

OMV and Cheniere sign long-term LNG supply agreement

Friday 01 December 2023 09:00

OMV has announced the signing of a long-term sale and purchase agreement with Cheniere Energy, Inc., covering the supply of up to 850 000 tpy of LNG beginning in late 2029.

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