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 plc of the UK, whose various businesses include the Grain LNG terminal on the Medway River in Kent, Interconnectors to the European Union and US power and gas businesses in New England, reported a 12 percent fiscal year increase in operating profits to £4.89 billion ($5.98Bln) compared with £4.37Bln in the previous year.