Engie Launches Strategic Review of Upstream and Midstream LNG Activities
October 23 2017 - 11:26AM
Dow Jones News
By Anthony Shevlin
Engie SA (ENGI.FR) said Monday that it has launched a strategic
review of its upstream and midstream liquefied natural gas
activities.
The French company said that its downstream LNG activities,
which includes regasification, would not be part of the review.
Engie said that at this stage there "can be no certainty" as to
whether related discussions with counterparties--which it said
include Total SA (FP.FR)--will lead to any agreement.
The company said that any agreement would have to be approved by
the relevant governance bodies and that the relevant employee
representative bodies would have to be consulted.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com
(END) Dow Jones Newswires
October 23, 2017 11:11 ET (15:11 GMT)
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