LNG

The Geneva, Switzerland-based International Standards body has published its new ISO 20519 standard for ships and marine technology relating to bunkering of liquefied natural gas-powered vessels.

Oct 6 (LNGJ) - Vitol S.A., the Swiss-based global commodities trading company with growing LNG interests, said it had signed a syndicated revolving credit facilities of $8 billion. Vitol extended by 12 months the maturity date of an existing three-year $7Bln loan and refinanced a maturing loan of around $1Bln. “The transaction was supported by a total of 55 banks,” said Vitol, whose headquarters are in Geneva and whose shipments of LNG have gone to buyers in countries such as Argentina, Pakistan, Jordan and Kuwait.