LNG

Trafigura, the global commodities company and trader, posted annual results showing that its liquefied natural gas trading volumes rose by 26.5 percent in a challenging year.

Inpex Corp., the Japanese oil and gas company with stakes in major LNG export plants and projects such as Ichthys and Prelude FLNG in Australia and Abadi LNG in Indonesia, said it was joining the new ICE Futures Abu Dhabi (IFAD) venture backed by Intercontinental Exchange Inc. of the US as part of continuing efforts to balance portfolio risk.