Glencore to sell LNG to Japan

Written by  John McKay
Friday, 14 June 2013
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June 14 (LNGJ) - Swiss resources trader Glencore Xstrata Plc plans to start supplying LNG to Japanese utilities this year, the Nikkei reported in Tokyo. Glencore has recently hired its first four LNG traders from Morgan Stanley to enter the market for the first time. Glencore's rival Vitol is already a player in the LNG market, where arbitrage opportunities will increase when US exports begin in 2015.

Last modified on Friday, 14 June 2013 06:16
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