Ørsted to sell LNG business to Swiss natural resources company Glencore
Danish power company Ørsted has agreed to sell its liquefied natural gas business (LNG business), comprising of the long-term regasification capacity agreement with the Gate Terminal and five LNG purchase agreements, to Swiss natural resources company Glencore. As per the agreement, Glencore will have to replace various contracts with new ones. Ørsted holds the right […]