LNG

The world’s largest energy traders and liquefied natural gas portfolio holders, Trafigura, Vitol and Gunvor said their record year for revenues and profits in 2022 was unlikely to be repeated in the near future.

Demand for liquefied natural gas remained firm worldwide along with seasonally high Asian spot prices over $13.00 per million British thermal units for September and with deliveries to China, Japan and South America still being preferred to European destinations.