News

Goldman Sachs in talks to buy a liquefied natural gas tanker

The Wall Street firm is pursuing its first LNG contract, muscling into a growing market

Goldman Sachs in talks to buy a liquefied natural gas tanker

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, a first for the Wall Street firm and a sign that its appetite for risk, though diminished since the crisis, has not disappeared.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump