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Nebula takeover to help AG&P LNG accelerate projects in Asia: interview [Gas in Transition]

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Nebula merger to help AG&P LNG accelerate projects in Asia: interview

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Natural Gas News
Nebula takeover to help AG&P LNG accelerate projects in Asia: interview [Gas in Transition]

Summary

Sathyamoorthy believes the investment will help fast-track LNG terminal development across emerging markets in South and Southeast Asia. [image credit: AG&P] by: Shardul Sharma

In January this year, Nebula Energy, a US-based asset manager, acquired a majority stake in LNG terminal developer AG&P LNG, a subsidiary of Singapore-based AG&P Group, for $300mn. Peter Gibson has been appointed as chairman, Sam Abdalla as vice chairman while Karthik Sathyamoorthy will continue to remain the CEO of AG&P LNG. Sathyamoorthy believes the investment will help fast-track LNG terminal development across emerging markets in South and Southeast Asia. “Nebula Energy’s investment represents 80% stake in AG&P LNG, and will fast-track...

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