China’s ENN to Buy Toshiba’s US LNG Assets

摘要

Chinese independent gas player ENN Energy Holdings has confirmed plans to buy Toshiba’s US LNG assets for $15 million, giving it access to 2.2 million tons/yr of LNG offtake from the Freeport project in Texas starting in 2020. Toshiba said earlier this month it was selling its US LNG business without providing further details, although local media identified ENN as the buyer (IOD Nov.9’18). The deal is expected to be finalized by the end of March 2019.