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ExxonMobil (XOM) Nears Deal to Sell Adriatic LNG Stake to Vitol
埃克森美孚埃克森美孚(US:XOM) Zacks Investment Research·2024-03-07 02:01

Exxon Mobil Corporation (XOM) and QatarEnergy are reportedly in advanced discussions to divest their majority stake in Adriatic LNG, Italy’s largest liquefied natural gas (LNG) import terminal, to Vitol, per a Reuters report.This transaction could mark a pivotal shift for Vitol, granting it a substantial role in the European LNG market at a time when Italy’s LNG inflows are witnessing an upward trend.Adriatic LNG, officially known as Terminale GNL Adriatico Srl, is strategically positioned off the Adriatic ...