Aug
08

Goldman Sachs in Talks to Buy a Tanker of Liquefied Natural Gas

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The 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

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Categories : Finance

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