🏹Sojitz Announces Equity Participation in Spanish LNG Terminal

By LNG, Energy

🏹Sojitz Announces Equity Participation in Spanish LNG Terminal.

Sojitz Corporation (“Sojitz”) has acquired full ownership of First State Regasificadora S.L.U. (“FSR”), subsequently changing the company’s name to Sojitz Regasificadora S.L.U. (“SR”). SR owns a 15% stake in Regasificadora del Noroeste S.A. (“Reganosa”), whose assets include the LNG terminal located in Mugardos, located in the northwest of Spain.

This makes Sojitz Corporation (“Sojitz”) the first Japanese trading company to enter into the LNG terminal business in Europe.

http://www.sojitz.com/en/news/2017/12/lng.php

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