LNG

Feb 6 (LNGJ) - AES Corp., the US company that brought LNG to the Caribbean with its AES Andres import terminal in the Dominican Republic and with a project planned in Panama, has started a corporate overhaul as part of a strategy to simplify its portfolio. “Our new structure will accelerate our transformation to an energy company of the future,” said Andrés Gluski, President and Chief Executive of the Arlington, Virginia-based company. Among its measures, AES intends to reduce operating areas to just 16 countries instead of the current 28 nations, though will stick by its LNG assets and plans.