JPMorgan Traded 20 LNG Cargoes This Year, Slocum Says

JPMorgan Chase & Co. traded 20 spot liquefied natural gas cargoes as of Dec. 1 with 15 clients, according to Andrew Slocum, executive director of LNG marketing and trading in global commodities.

“I’ll be surprised if next year we didn’t do something strategic and large in LNG,” he said today at the World LNG Summit in Barcelona.

JPMorgan’s commitment to LNG will focus on “physical trading, marketing and hard assets,” Slocum said. It won’t involve “upstream equity investment.”

To contact the reporter on this story: Ben Farey in Barcelona at

To contact the editor responsible for this story: Rob Verdonck at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.