Toshiba Withdraws From US LNG Business

Newbuilding LNG Carriers for Tokyo Gas Named Energy Innovator and Energy Universe

Toshiba Corporation announced that it has completed on August 30, 2019 (U.S. CDT), Toshiba Group’s withdrawal from the liquefied natural gas (LNG) business in the United States.

Representaion Image – Credit: mol.co.jp

As announced on June 1, 2019, in “Notice on Toshiba’s Sale and Withdrawal from U.S. LNG Business,” Toshiba concluded a purchase and sales agreement (hereinafter “the Share Transfer”) with Total Gas & Power Asia Private Limited, a Singaporean affiliate of Total S.A. (hereinafter...

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