Gunvor

Germany Again Delays Nord Stream 2 Certification – The Offtake

A roundup of news and commentary from NGI’s LNG Insight The German regulatory agency overseeing power and natural gas markets said it won’t certify Russia’s Nord Stream 2 (NS2) pipeline for service in the first half of 2022. The 5.3 Bcf/d pipeline is completed but still needs to be certified by Germany in a decision…

December 16, 2021
Energy Trader Gunvor Locks in LNG Vessels to Advance Climate Goals

Energy Trader Gunvor Locks in LNG Vessels to Advance Climate Goals

Gunvor Group Ltd. has agreed to employ four newbuild liquefied natural gas (LNG) carriers as the trading house looks to cut emissions tied to its operations.  Subsidiary Clearlake Shipping is securing long-term time charters with Monaco-based shipowner Celsius Tankers. Celsius expects to take delivery of the new vessels from Samsung Heavy Industries Co. Ltd. (SHI)…

October 27, 2021
Commonwealth LNG Launches Competitive Bidding to Jumpstart Louisiana Export Project

Commonwealth LNG Launches Competitive Bidding to Jumpstart Louisiana Export Project

Commonwealth Liquefied Natural Gas (LNG) has launched a tender soliciting bids from potential offtakers that could acquire supply from the proposed project in Louisiana at volumes, pricing and durations of their choosing.  The company is aiming to accelerate the supply contracting process by offering more flexibility. Offtakers could buy on a tolling, free-on-board (FOB) or…

January 19, 2021

Global LNG Traders Report Sharp Increase in 2019 LNG Volumes

Two of the world’s largest commodity traders said delivered volumes of liquefied natural gas (LNG) increased markedly in 2019 as the global market for the super-chilled fuel grew rapidly and buyers became more flexible.

December 31, 2019

Commonwealth Export Project Scores Offtake Deal with Major LNG Trader

Gunvor Group Ltd. has thrown its support behind the Commonwealth liquefied natural gas (LNG) export project through an agreement that would see the LNG trading heavyweight commit to take more than a third of the capacity at the Cameron Parish, LA, facility.

November 25, 2019

Gunvor’s New Houston Office to Trade NatGas

Gunvor USA LLC has opened a trading office in Houston that will trade natural gas, refined products and asphalt/bitumen. The venture is backed with a US$500 million credit facility.

October 4, 2016