Category Gunvor Group

Gunvor meets targets, renews us $725 million sustainabilty-linked facility

Gunvor Group (“Gunvor”), one of the world’s largest physical energy commodities traders, has successfully met targets for its US $725 million sustainability-linked borrowing base financing and their performance has been subject to third party assurance from PricewaterhouseCoopers. Gunvor is the…

Gunvor 2019 LNG Results

“We are pleased to deliver another year of growth in our LNG business,” said Kalpesh Patel, Gunvor Group’s co-head of Liquefied Natural Gas (LNG) trading. “Our considerable presence in the LNG market is the result of consistent and reliable performance…

Gunvor Enters Into Strategic LNG Marketing & Gas Supply Agreement with Commonwealth LNG

HOUSTON & GENEVA & SINGAPORE & STAMFORD, Conn. — November 25, 2019 Gunvor and Commonwealth LNG have entered into a Strategic LNG Marketing & Gas Supply Agreement in relation to Commonwealth’s LNG export project in Cameron Parish, Louisiana. Under the…

Flex LNG agrees long-term charter with Gunvor

Flex LNG Ltd. (“Flex LNG” or the “Company”) (NYSE/OSE: FLNG) today announce that one of its subsidiaries has entered into a long-term time charter with Clearlake Shipping Pte Ltd, a subsidiary of Gunvor Group Ltd (“Gunvor”). The period under the…

Gunvor secures usd 1.69 billion revolving credit facility

GENEVA (8 November 2019) – Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 1.69 billion revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA. Initially launched at USD 1 billion, the Facility received strong…

Gunvor usa successfully closes usd 1.1 billion borrowing base

HOUSTON (6 November 2019) – Gunvor USA LLC, a subsidiary of Gunvor Group, has successfully closed the syndication of its USD 1.1 billion Borrowing Base Credit Facility. Gunvor USA increased the size of the Facility by USD 100 million while…

GasLog Partners LP Announces New Multi-Year Charter Agreement with Gunvor

GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today that one of its subsidiaries has entered into a three-and-a-half-year charter for the GasLog Shanghai with Clearlake Shipping Pte Ltd, a subsidiary of Gunvor Group Ltd (“Gunvor”). The…

Commonwealth LNG and Gunvor Singapore Pte Ltd Sign Heads of Agreement Principal Terms for 1.5 Mtpa of LNG Offtake for 15-year term

Commonwealth Projects, LLC and Gunvor Group Ltd announce that their respective subsidiaries, Commonwealth LNG, LLC and Gunvor Singapore Pte Ltd, have signed a heads of agreement (HOA). The HOA anticipates the negotiation and finalization of a definitive 15-year liquefied natural…

Gunvor usa closes us $1 billion credit facility

Gunvor USA LLC (“Gunvor USA”), a subsidiary of Gunvor Group, has successfully closed the syndication of a US $1 billion Borrowing Base Credit Facility (“facility”), which will support operations in the United States and Canada, as well as planned expansion…

Gunvor moves to integrate un human rights principles

Energy trader completes human rights review by management consultant twentyfifty Gunvor Group, one of the largest global physical energy commodities traders, has completed a human rights review with respected human rights and management consultant twentyfifty in order to establish a…