Free Trial

Gunvor Signs 15-Year Deal for US LNG Supply

LNG

Commodities trader Gunvor Group has signed a deal with US LNG firm Chesapeake Energy to receive LNG supplies for a period of 15 years.

  • Chesapeake will supply as much as two million tonnes of US LNG each year to Gunvor.
  • Chesapeake and Gunvor will jointly select the most optimal liquefaction facility in the United States to liquify the gas produced by Chesapeake and deliver the LNG to Gunvor on a Free-on-Board (“FOB”) basis with a targeted start date in 2027 according to a statement by the companies.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.