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United States Tankers and Gas Energy

Gunvor eyes offtake with Commonwealth LNG

Singapore trading arm is looking to seal a 15-year offtake agreement with the project owner of Commonwealth LNG for the sale and purchase of 1.5m tonnes per annum of cargoes. The six-train, 8.4m tonnes per annum LNG export terminal on the US Gulf coast is expected to start production in 2024

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Large trading houses such as Gunvor are latching on to the opportunity offered by the flexible destination offtake agreements with lower-cost LNG export projects in the US to buy and sell contracted cargoes on the spot market

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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