Ørsted has managed to get out of its LNG commitments. Late Wednesday afternoon CET, the utility announced that its liquefied natural gas business had been sold to British-Swiss conglomerate Glencore, best known for its mining activities.
This has not been a cheap maneuver for Ørsted, however, which books a staggering loss from the divestment.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.