Total SA would receive $815 million to takeover Toshiba Corp.’s U.S. liquified natural gas (LNG) interests in a deal expected to close later this year that would further expand the French company’s global portfolio in the space. Meanwhile, Apache Corp. has inked a first-of-its-kind deal with Cheniere Energy Inc. to sell natural gas based on international prices.
Toshiba
Articles from Toshiba
Toshiba Exiting U.S. LNG to Focus on Core Businesses
Toshiba Corp. is set to take a steep loss and pay more than $800 million in a deal with an undisclosed buyer to dump its U.S. liquefied natural gas (LNG) business.
November 12, 2018