Big LNG venture between Exmar and Fredriksen-companies

Belgian Exmar, John Fredriksen's investment company Geveran and Norwegian Flex LNG with Fredriksen as major shareholder will now form a joint venture aimed liquefied natural gas.

Photo: Richard Drew/AP/POLFOTO/arkiv

Belgian gas carrier Exmar will now join forces with the Norwegian/Cypriot shipping and oil magnate John Fredriksen in a new joint venture focused on liquefied natural gas, LNG.

Specifically, John Fredriksen's investment company Geveran and Norwegian carrier Flex LNG, which has Fredriksen as major shareholder, will merge their LNG assets with Exmar's in a new company under the name Exmar LNG Ltd., according to a statement issued by the partners on Wednesday.

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