Tag LNG

Gunvor closes innovative new eur 300 mil. Natural gas facility

Gunvor Group (“Gunvor” or “the Company”) has successfully closed a new EUR 300 million financing (the “Facility”), which consists of a syndicated, pan-European natural gas repo facility to cover multiple jurisdictions in Europe with a shared security package. It will…

Energy capital vietnam and gunvor form joint venture to trade and ship lng to vietnam

Energy Capital Vietnam (ECV), a U.S.-based project holding and development company established in 2015 to serve as a platform for private investment into Vietnam, has announced the formation of a Joint Venture (JV) with Gunvor International BV (Gunvor), one of the world’s…

Gunvor launches new us $540 million biodiesel borrowing base

Banks demonstrate strong support for feedstocks that meet European Green Deal Gunvor Group (“Gunvor”, “the Company”) has successfully closed a new US $540 million borrowing base facility (the “Facility”) to support the Company’s biodiesel trading activity. The Facility drew strong…

Energy Intelligence Interview with Torbjörn Törnqvist

Gunvor: Repeat of Q2 Volatility Hard to See Despite having its business model tested during the first half of 2020 commodities trader Gunvor’s robust risk management and strong market analysis helped it produce its best second quarter ever, according to…

Gunvor closes new sustainability-linked borrowing base to support german refinery

Gunvor Group (“Gunvor”), one of the world’s largest physical energy commodities traders, has closed a new sustainability-linked borrowing base facility (“Facility”) to support operations at Gunvor Refinery Ingolstadt. The EUR 450 million Facility complements Gunvor’s other US $725 million sustainability-linked borrowing base for refining activities in the ARA, and similarly has an interest rate dependent on the company’s year-on-year improvements in multiple sustainability criteria in the areas of “environment”, “social impact” and “governance”.

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…

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…