Major bank to return to LNG trading

Written by  Ian Cochran
Friday, 25 October 2024
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JPMorgan Chase is in talks to resume trading physical LNG after more than a decade away from the business.

The bank has held talks with at least three US Gulf Coast project developers in an attempt to sign long term supply deals, Bloomberg said, quoting market sources.

Talks are ongoing for LNG supplies from Commonwealth LNG, Sempra Energy’s and Energy Transfer’s facilities in the Gulf, the newswire said. 

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