VTTI acquires 70% stake in Adriatic LNG
VTTI has secured a 70% stake in Adriatic LNG, Italy's largest LNG terminal, while grid operator Snam retains a 30% stake. The deal, set to be finalised by the end of the year, comes after ExxonMobil and QatarEnergy sold their stakes to a consortium led by VTTI.Adriatic LNG has a regasification...