LNG

Fortum, the Finnish energy and power company with European Union-wide operations and that was forced to give up the German natural gas and energy supplier Uniper which had relied on Russian pipeline supplies from Gazprom, has returned to profits and gave an overview of current EU energy markets and prices.

Deutsche ReGas, a private company that has raised financing from Australian investment bank Macquarie Capital, is run by two businessmen from Potsdam near Berlin and said it aimed to import LNG in the next few months at the Baltic port of Lubmin.