CIC Loses Out on Atlantic LNG Terminal Restructuring

Posted on 12/29/2022

In late December 2022, BP plc (BP Trinidad and Tobago LLC) and Royal Dutch Shell plc (Shell Trinidad and Tobago Limited) agreed to restructure ownership in Trinidad and Tobago’s Atlantic LNG partnership. This restructuring permits the National Gas Company of Trinidad and Tobago Limited to obtain a larger stake in Atlantic liquefied natural gas’ currently…

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