Vopak of the Netherlands and Spain’s Enagas have purchased Altamira LNG, Mexico’s only east coast import terminal.
Shell currently owns half of the facility with France’s Total and Mitsui of Japan each holding 25% stakes.
At the deal’s close, Vopak will own 60% of a joint venture set up to operate the 7.4 billion cubic metres per annum terminal with Enagas taking the rest.
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