LNG and commodities trader Trafigura closes refinancing of $5.6Bln credit to cope with potential market volatility
Trafigura Group, a market leader in the global commodities industry including LNG, petroleum and other products has closed a new 365-day European multi-currency syndicated revolving credit facilities to be well positioned to manage potential bouts of volatility.
Chinese LNG imports rise over 18 percent in 2021 to be World No. 1 with around 5MT lead over Japan
Chinese liquefied natural gas imports reached almost 79 million tonnes in 2021, increasing by more than 18 percent and overtaking Japan to become the World No. 1 importer of the fuel.
US spot natural gas and futures prices reach lows as LNG feed-gas boosts consumption
US spot natural gas prices have reached their lowest in real terms for almost four years as front-month futures on the New York Mercantile Exchange have also plunged to lows last recorded nearly 20 year ago.
Gazprom signs financing with over 20 banks for domestic part of Russia-China gas pipeline
Gazprom, the state-backed Russian natural gas company, has signed project finance documentation with more than 20 global banks for the domestic part of the “Power of Siberia” venture transporting pipeline natural gas to China in competition to LNG.
