LNG

National Grid plc, whose assets include an LNG import terminal southeast of London, said that all the conditions relating to the sale of a 60 percent equity interest worth around US$7 billion in its UK gas transmission (NGG) and metering business to an Australian-Canadian consortium had been met.

National Grid LNG LLC, a US subsidiary of the UK company National Grid, has petitioned the US Federal Energy Regulatory Commission to enable it to progress with the Fields Point peak-shaving liquefaction project in Providence, Rhode Island.