LNG

Sept 6 (LNGJ) - Equinor of Norway, the state-controlled energy company whose assets include the main natural gas pipeline supplies to Europe from the Norwegian Continental Shelf, has carried out a capital markets transaction for US$1 billion. The company, also the owner of the Hammerfest LNG export plant in northern Norway, sold the 10-year Notes at 3.625 percent and the offering was fully subscribed. “The net proceeds from the issue of the Notes will be used for general corporate purposes which may include repayment or purchase of existing debt or other purposes. The transactions will increase the financial flexibility of the company,” said Equinor.