Global commodities firm Trafigura signs LNG agreement with largest Canadian natural gas producer Tourmaline
Trafigura, the commodities trading firm with offices in the main trading centres of the Americas, Asia and Europe, has signed a long-term liquefied natural gas agreement with the largest Canadian natural gas producer Tourmaline.
Intercontinental Exchange sees soaring liquidity across natural gas futures with Henry Hub record from 2013 surpassed
Intercontinental Exchange Inc. (ICE) reported another trading surge on natural gas and LNG futures and options with very high liquidity and including record open interest in the US benchmark Henry Hub.
CNOOC LNG deal
July 7 (LNGJ) - Malaysian oil and gas company Petronas said the LNG division signed a 10-year deal to supply volumes to the trading unit of the Chinese major China National Offshore Oil Corp. “The deal is for 2.2 million tonnes per annum indexed to a combination of the Brent and Alberta Energy Company (AECO) indices,” said Petronas.
The transaction between Petronas and CNOOC was given a value by the Malaysians of around $7 billion over the 10 years. “This long-term supply agreement also includes supply from LNG Canada when the facility commences its operations by middle of the decade,” said Petronas.
