Trafigura CEO Says LNG Projects Need New Financing Playbook

Richard Holtum

Photographer: Aaron M. Sprecher/Bloomberg

Trafigura Group Chief Executive Officer Richard Holtum said the liquefied natural gas industry needs a “bit of innovation” when it comes to financing projects.

“I feel sorry for LNG projects in the US,” Holtum said on a panel at the LNG 2026 conference in Doha. “They would only get bank financing when they show that they’ve sold 80%-90% of their volume on long-term projects.”