LNG

US LNG equipment-maker and provider Air Products posted a rise of 7 percent in fiscal full-year net income to $1.93 billion as it was awarded three major LNG contracts for plants in Mozambique in southeast Africa, Qatar and Algeria.

Air Products, the US global leader in the supply of liquefied natural gas process technology and equipment and the owner and operator of industrial gases projects, has extended the term in office of Chairman, President and Chief Executive Seifi Ghasemi through to September 30, 2025.