Category Latest News

Gunvor secures US $1.32 billion sustainability-linked syndicated RCF with over-subscription and accordion

SINGAPORE – Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Group”), has closed a US $1.2 billion sustainability-linked, syndicated revolving credit facility (“RCF” or “Facility”) on 14 June 2024. The Facility, which…

Gunvor and Quercus announce landmark solar development partnership in Italy

Gunvor Group and Quercus Real Assets Limited announce partnership that targets the development of up to 3 gigawatts of solar photovoltaic capacity in Italy.

Gabon National Oil Company partners with Gunvor on Assala Energy acquisition

LIBREVILLE – The Gabon National Oil Company (Gabon Oil Company), which exercised its pre-emptive rights in November 2023 and subsequently entered into a sale and purchase agreement with Carlyle in February 2024, is pleased to announce the successful completion of…

Gunvor Group Results 2023

Gunvor Group Ltd (“Gunvor”), one of the world’s leading independent commodities trading companies, today announces the following financial information for the year ended 31 December 2023: Throughout 2023, Gunvor’s focus on advanced analytics and trading systems, and an infusion of…

Gunvor and Pakistan LNG Limited settle all outstanding legal proceedings

LONDON – Gunvor and Pakistan LNG Limited confirm they have now settled all outstanding legal proceedings on terms satisfactory to all concerned. The parties look forward to continuing to work together. The terms and details of the settlement are subject…

Glenfarne Energy Transition’s Texas LNG Announces LNG Offtake Agreement with Gunvor Group

HOUSTON & BROWNSVILLE – Texas LNG Brownsville LLC (“Texas LNG”), a four million tonnes per annum (“MTPA”) liquefied natural gas (“LNG”) export terminal to be constructed in the Port of Brownsville, Texas, a subsidiary of Glenfarne Energy Transition, LLC (“Glenfarne”),…

Chesapeake Energy Corporation, Delfin LNG and Gunvor sign long-term LNG liquefaction offtake agreement indexed to JKM

OKLAHOMA CITY – Chesapeake Energy Corporation (NASDAQ: CHK, together with certain of its subsidiaries, collectively, “Chesapeake”), Delfin LNG LLC (“Delfin”) and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd (“Gunvor”), today announced the entrance into a liquefied natural gas (LNG)…

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Gunvor closes new EUR 400 million facility backed by Italy’s SACE

Gunvor Group has closed a EUR 400 million, 5-year term loan guaranteed by SACE, the Italian Export Credit Agency with UniCredit acting as Global Coordinator. The goal of the Facility is to support Italian industry by securing natural gas and liquefied natural gas (LNG) supplies while promoting the export of Italy’s goods and services.

Gunvor successfully closes sustainability-linked Samurai loan

Gunvor Group has successfully refinanced its 3-year Yen-denominated Sustainability-Linked Term Loan (the “Samurai” loan) for a total amount of JPY 49.1 billion.