British Gas owner buys huge LNG terminal for £1.66bn

National Grid has agreed to sell the Grain LNG facility on the Isle of Grain in Kent for £1.66bn to Centrica and Energy Capital Partners. The sale is part of National Grid's focus on electricity and gas networks, aligning with its strategy to streamline operations. Grain LNG plays a crucial role in ensuring the UK's gas supply stability and is essential for energy security in the country.