LNG

The leading global commodities trader Trafigura has underpinned its trading pot by renewing its North American credit facility with over $4.5 billion of total commitments to help finance its growing trades in key US shale basins as it also boosts its LNG position in Europe.

Uniper, the German utility that was saved from bankruptcy by Germany’s Federal Government after the halting of Russian pipeline gas supplies, has imported its first US LNG cargo to the floating import facility at the North Sea port of Wilhelmshaven.