VTTI, IKAV to take majority stake in Italy’s Adriatic LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to buy a majority stake in Italy’s Adriatic LNG terminal. According to a statement, VTTI and IKAV entered a consortium to acquire majority ownership of the JV which operates the regasification terminal located off the coastline of … Continue reading VTTI, IKAV to take majority stake in Italy’s Adriatic LNG terminal