BW Group buys shares in Fredriksen's gas carrier

Andreas Sohmen-Pao's BW Group has been buying up shares in Jonn Fredriksen's gas shipping company Flex LNG.

Photo: BW Group

BW Group, headed by Andreas Sohmen-Pao's, has been diligently buying shares in John Fredriksen's gas carrier Flex LNG, according to Norwegian business media finansavisen.

Today, BW Group owns 1 percent of the gas shipping company - though according to the Norwegian media, there are rumors the group may have bought shares totaling up to 5 percent of the company.

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