A roundup of news and commentary from NGI’s LNG Insight The Japan Korea Marker spot price jumped 15% day/day to shatter Monday’s record at $32.494/MMBtu amid a supply shortage and severe winter weather. Trafigura Group Pte. Ltd. also reportedly purchased a cargo for delivery in the region at $39.30. The rally continued in Europe as…
Articles from Trafigura
A roundup of news and commentary from NGI’s LNG Insight Trafigura Group Pte. Ltd. purchased an LNG cargo from Gunvor Group Ltd. for $20.80/MMBtu for early February delivery to Incheon, South Korea, which set a record for Japan Korea Marker (JKM) prices, according to Bloomberg. Sky-high JKM prices are pulling cargoes away from Europe, where…
It took only hours after contracts were launched late last month on the New York Mercantile Exchange (Nymex) for the first liquefied natural gas (LNG) freight futures trades to be executed, a sign of the demand for more risk management in the gas export market.
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.
Commodity trader Trafigura Group Pte Ltd. is proposing to build a deepwater port in South Texas near Corpus Christi to load oil supertankers, a piece of the puzzle so far missing in efforts to expand domestic exports.
Cheniere Energy Inc. said one of its subsidiaries has entered into a liquefied natural gas (LNG) sale and purchase agreement with Singapore-based Trafigura Pte Ltd., a global trading company that deals in physical commodities, including oil and refined products.
Mexico’s upstream regulator has awarded oil and natural gas marketing services contracts to Trafigura Group Pte Ltd. and CFEnergia.