Thursday, 30 November 2006 10:59
KBR sale to test global LNG market
Halliburton, the largest energy services company in the US and a key LNG contractor, will release details in the next couple of weeks about the future of its KBR business.
The company is likely to announce that some parts of the business will be sold off and a separate company is expected to emerge from the engineering and construction unit that could be worth as much as $6 billion.
Halliburton is pushing forward with a plan muted since 2004 to sell KBR to investors as a separate company. It will start the process with a sale to investors in about six months’ time of 20 percent of KBR in an initial public offering.
The company is likely to announce that some parts of the business will be sold off and a separate company is expected to emerge from the engineering and construction unit that could be worth as much as $6 billion.
Halliburton is pushing forward with a plan muted since 2004 to sell KBR to investors as a separate company. It will start the process with a sale to investors in about six months’ time of 20 percent of KBR in an initial public offering.
Published in
Feb 06
Wednesday, 08 November 2006 16:43
South Korea’s LNG market opens up to competition
The government realizes that LNG market deregulation and third-party access to LNG terminals and transmission lines is inevitable
The cooperation between Kogas and Vopak sits well within Kogas’s strategy to expand its LNG terminal business overseas
David Hayes, Seoul
South Korean government plans to reorganize the LNG import industry are expected to result in a far-reaching restructuring of the domestic wholesale natural gas market and an increased demand for LNG.
A number of large LNG consumers already have formed two new consortia to import their own LNG in future, while waiting for the government to announce detailed plans to create the new import market.
The cooperation between Kogas and Vopak sits well within Kogas’s strategy to expand its LNG terminal business overseas
David Hayes, Seoul
South Korean government plans to reorganize the LNG import industry are expected to result in a far-reaching restructuring of the domestic wholesale natural gas market and an increased demand for LNG.
A number of large LNG consumers already have formed two new consortia to import their own LNG in future, while waiting for the government to announce detailed plans to create the new import market.
Published in
April 2006
