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Nebula Energy to buy majority stake in AG&P LNG for $300 mn

By Economic Times - 8 months ago
Nebula Energy LLC is acquiring a majority stake in AG&P LNG for $300 million, giving it a foothold in the Indian market. Nebula Energy is an investment firm backed by Peter Gibson, Darren DeVore, and Sam Abdalla. AG&P LNG is a subsidiary of AG&P Group, owned by Osaka Gas, JBIC, and Asiya. The acquisition will allow Nebula Energy to expand its network and meet AG&P LNG's capital needs.

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