Transgaz intends to become a shareholder in US company Argent LNG, the developer of a liquefied natural gas (LNG) export terminal in Louisiana, under a Memorandum of Understanding signed by the two companies. Transgaz has expressed its intention to become a shareholder in Argent LNG, alongside other major American companies. ‘In recognition of that role, and of Romania’s strategic position in the region, Argent LNG has invited Transgaz to become a shareholder in Argent LNG. SNTGN Transgaz SA is Romania’s national natural gas transmission system operator, responsible for the operation, maintenance, and development of the country’s gas transmission network. Argent LNG, LLC is developing one of the largest LNG export terminals in the United States at Port Fourchon, Louisiana, with a planned capacity of 25 million metric tons per year and first cargo targeted for 2030.source: Transgaz seeks to become shareholder in US LNG terminal developer – AGERPRES