Stolt-Nielsen enters Sardinian LNG venture

Stolt-Nielsen Gas has acquired a ten percent stake in Sardinian LNG project Higas, with an option for another 70 percent.

Photo: Stolt-Nielsen Limited

A subsidiary of Norwegian shipping group Stolt-Nielsen, Stolt-Nielsen Gas B.V., has acquired a ten percent stake in Sardinian LNG project Higas S.r.L., says the company in a statement.

The plans for Higas is to build and operate an LNG terminal and distribution facilities in the port of Oristano on Sardinia. LNG will be shipped to the terminal and from there be delivered to customers on the island via pipelines and trucks.

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