Avance Gas recorded slight profit increase in third quarter
Norwegian gas tanker operator Avance Gas increased profit slightly in the third quarter from the second quarter. The company expects continued growth in 2022 as a result of rising demand and gas output.
by JENS THOMSEN
Gas tanker operator Avance Gas, controlled by Norwegian shipowner and billionaire John Fredriksen, exited the third quarter with a profit of USD 4.2 million, according to an earnings release.
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