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Fosmax LNG

Company Summary

Description

Fosmax is the company that owns the liquefied natural gas (LNG) terminal at Fos Cavaou.

Operational Regions

  • Europe

Related Entities

Recent news

  • 2/10/2020 - Elengy Acquires Total's... (subscriber access)

Company Transactions

Date: 2/10/2020
Type: Acquisition

BUYERS:
  • Elengy
    • SELLERS:
  • TotalEnergies
  • Fosmax LNG
    • ASSETS:
  • Fos Cavaou LNG Import Terminal
    • DETAILS:

    COST: 260 $MM

    NOTES:
    Elengy has acquired Total's 27.5% stake in the Fosmax LNG terminal operator for $260 million. This makes Elengy the sole equity owner of Fosmax.
    REGIONS:
  • Europe