Ørsted sold its LNG business due to its strategic focus on renewable energy

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Ørsted completes divestment of LNG business. (Credit: Ørsted A/S)

Following the company announcement issued on 18 December 2019, Ørsted has today completed the divestment of its liquefied natural gas (LNG) business to Glencore. Ørsted has divested its LNG business due to the company’s strategic focus on renewable energy.

Source: Company Press Release