It seems as if an official joint venture (JV) between Air Liquide Global E&C Solutions and Russian outfit, OMZ, is in the pipeline after receiving the necessary approvals from the European Commission.
A public document from the governing body outlined that a simplified JV procedure is currently underway and stated, “The European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market.”
There has not been any official news from either camp yet but it is understood that if, although more likely when, the JV application is formally finalised, Air Liquide E&C and OMZ will unite to create a new company.
That JV will then engineer and design services and equipment relating to natural gas liquefaction processes.
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