LNG

National Grid Plc, the UK power transmission and infrastructure company with several businesses in the US and the Isle of Grain LNG import near London, reported declines in fiscal first-half profits while investments in projects increased amid a more positive winter energy outlook for the UK and its near neighbours.

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.