Baker McKenzie has assisted Gas & Heat, a leading Italian company in the design and construction of cargo systems for gas carriers and special projects in the gas sector, in defining a joint-venture operation with Stolt-Nielsen, the Norwegian leading provider of integrated transportation and storage solutions of gas and other liquid chemical products.

The transaction includes the sale to Stolt-Nielsen of the majority of  'Higas', established in 2014 by Gas & Heat and CPL Concordia, a multi-utility energy services group, with the purpose of building the first coastal deposit in Italy with Small Scale LNG technology in Oristano (Sardinia).

The Baker McKenzie team, with lawyers Lorenzo de Martinis, Marco Marazzi and Ilaria Bosso, worked side by side in the project with lawyers Paolo Bernardo and Stefano Taddia from Gas & Heat. 

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