Stolt-Nielsen in discussions to sell stake in Avenir LNG
Published by Jessica Casey,
Editor
LNG Industry,
Stolt-Nielsen Ltd, through its subsidiary Stolt-Nielsen Gas Ltd, has confirmed it is in discussions with a strategic buyer regarding the potential sale of up to 50% of its interest in Avenir LNG Ltd.
Avenir LNG is an industry leader in small scale LNG supply and is focused on supporting the marine energy transition through one of the largest fleets of small scale LNG vessels. Avenir LNG owns and operates a fleet of five modern small scale LNG bunkering vessels, with two newbuildings under construction.
The potential sale agreement is subject to final documentation and customary approvals, which are expected in 1Q26. Should a formal agreement be reached, Stolt-Nielsen intends to jointly own and operate Avenir LNG as a joint venture.
Read the article online at: https://www.lngindustry.com/small-scale-lng/28012026/stolt-nielsen-in-discussions-to-sell-stake-in-avenir-lng/