Toshiba cancels transfer of US LNG business to ENN of China and will re-start bidding process
Toshiba Corp. of Japan said it had decided to cancel a plan to dispose of its US LNG business, including volumes from the Freeport liquefaction and export plant being constructed in Texas, to the Chinese ENN group and to relaunch the bidding process.
Toshiba to transfer Freeport LNG volumes to Chinese and wind up UK nuclear project
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.
US regulators approve commissioning of the first Train at Freeport LNG export plant in Texas
US regulators have approved commissioning of the first Train at the Freeport liquefied natural gas export plant at Quintana Island in Texas, further boosting Gulf Coast production prospects.
