Barclays Expands LNG Trading Service in Deal With Eni
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Barclays Capital has signed an agreement with Eni SpA to supply and market liquefied-natural-gas cargoes at a Louisiana terminal in an expansion of the bank’s LNG services.
Eni has “significant capacity and storage rights” at the Cameron terminal in Hackberry, Louisiana, according to a release from the bank. Under the multiyear agreement, Barclays will market natural gas supplied from imports for downstream delivery.