Trafigura LNG Trading More Than Doubles on New Buyer Demand
- LNG volumes rise to 4.2 million tons in year through Sept. 30
- New buyers helped increase liquidity, LNG head Hallouche say
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Trafigura Beheer BV more than doubled its liquefied natural gas volumes this year amid demand from new buyers including Egypt and Pakistan.
The commodity trader boosted the amount of LNG handled to 4.2 million metric tons in the financial year ended Sept. 30, from 1.7 million a year earlier, it said Monday in its annual report, following a doubling in volumes last year that made it the world’s biggest independent LNG trader. Having started in the Atlantic basin, Trafigura expanded to markets east of Suez, it said.