Aug
08
Goldman Sachs in Talks to Buy a Tanker of Liquefied Natural Gas
ByThe Wall Street firm is pursuing its first LNG contract, muscling into a growing market
Along a narrow inlet off the Gulf of Mexico, 2.8 billion cubic feet of natural gas rolls daily through the Sabine Pass plant, where it is cooled into a liquid and loaded onto tankers bound for Asia and South America.
One may depart soon with the financial backing of Goldman Sachs Group Inc., a first for the Wall Street firm and a sign that its appetite for risk, though diminished since the crisis, hasn’t disappeared…
Goldman Sachs in Talks to Buy a Tanker of Liquefied Natural Gas