LNG

National Grid plc, whose assets include an LNG import terminal southeast of London, said that all the conditions relating to the sale of a 60 percent equity interest worth around US$7 billion in its UK gas transmission (NGG) and metering business to an Australian-Canadian consortium had been met.

Free ReadLinde Engineering, the German energy equipment supplier including for LNG, said its Linde Kryotechnik subsidiary had signed a contract to supply the CERN laboratory in Geneva, Switzerland, with two identical helium cryogenic refrigeration systems. The Pullach, Germany-based company has already supplied systems providing more than 50 percent of the refrigeration…

Trafigura, the global commodities company and a liquefied natural gas market player, has entered a $3 billion loan deal for four years and underwritten by the German Federal Government to help secure LNG cargoes for Germany.

Papua New Guinea Prime Minister James Marape urged Australian LNG and mining sector investors to “take my people with you” in an address to a mining and petroleum conference in Sydney on future development projects in his Oceania nation.