LNG

Toshiba Corp., the Japanese conglomerate emerging from a crisis caused by an accounting scandal and massive losses in the nuclear business, has announced a five-year recovery plan, including the off-loading of its US liquefied natural gas assets comprising volumes from a 20-year tolling agreement at the Freeport LNG plant in Texas.

International law firm Norton Rose Fulbright has hired LNG and shipping experts Jonathan Siu and Sung Hwan Choi for its shipping and offshore oil and gas team in its Singapore office.