LNG

The UK will hold a unique online auction of an almost complete gas-fired power station that was originally built as an energy-from-waste project on Seal Sands on the River Tees  in northeast England.

Trafigura, the international commodities trading company, has signed an agreement with Singapore LNG Corp. for storage and reload services at the city-state’s import terminal on Jurong Island.

Global commodities trader Trafigura plans to invest in a liquefied natural gas import facility in Teesside in northeast England as it expands its LNG trading and UK gas market presence and forecasts a surge in cargoes from the United States.