Triton Chemicals International

After the collapse of world oil prices during the late 1990s, Cheniere began shifting its business focus away from upstream exploration and toward LNG regasification to take advantage of a projected decline in domestic natural gas production and the natural gas supply deficit that was expected in the US over the next decade.

The IPO of World Online on the Amsterdam Stock Exchange in the spring of 2000 triggered one of the most embarrassing stock market debacles in recent years, related to a transfer of ownership stakes by the firm’s CEO just prior to the offering and at a fraction of the offering price.

In April 2010, infrastructure fund Njord Gas Infrastructure AS bought ExxonMobil’s 9.428% stake in Norwegian gas pipelines Gassled. Njord was interested in Gassled’s steady returns and Norway’s regulatory/political consistency and transparency.