Trafigura

Another Record Day for JKM Prices; European Benchmarks Liftoff — The Offtake

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…

January 12, 2021

Asia Natural Gas Benchmark Sets Record — The Offtake

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…

January 5, 2021

Shipping Firms Report First LNG Freight Futures Trades

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.

January 7, 2020

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

Trafigura Proposes Deepwater Port in South Texas to Expand U.S. Oil Exports

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.

August 8, 2018
Singapore’s Trafigura to purchase LNG from Cheniere

Singapore’s Trafigura to purchase LNG from Cheniere

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.

January 16, 2018
Mexico Selects Trafigura, CFEnergia for Oil, NatGas PSA Marketing Contracts

Mexico Selects Trafigura, CFEnergia for Oil, NatGas PSA Marketing Contracts

Mexico’s upstream regulator has awarded oil and natural gas marketing services contracts to Trafigura Group Pte Ltd. and CFEnergia.

December 27, 2017