LNG

European Union ministers have been unable to find any common ground after they met in Luxembourg to find a way to control natural gas and LNG market prices and their effects on power markets, while the talks showed deep divergence between the 27 member states.

French LNG storage technology company GTT and Dongsung Finetec, a South Korean thermal insulation maker, have signed an accord for joint venture production during the Paris visit of a trade delegation accompanying South Korean President Moon Jae-In.