LNG

Europe’s largest liquefied natural gas import terminal, the UK’s Isle of Grain facility on the Medway River in Kent, has launched a consultation to auction 9 million tonnes per annum of existing capacity.

National Grid plc of the UK, whose various businesses include the Grain LNG terminal on the Medway River in Kent, Interconnectors to the European Union and US power and gas businesses in New England, reported a 12 percent fiscal year increase in operating profits to £4.89 billion ($5.98Bln) compared with £4.37Bln in the previous year.