Moving Energy Forward
Gunvor and Pakistan LNG Limited settle all outstanding legal proceedings
LONDON – Gunvor and Pakistan LNG Limited confirm they have now settled all outstanding legal proceedings on terms satisfactory to all concerned. The parties look forward to continuing to work together. The terms and details of the settlement are subject to confidentiality agreements. About Gunvor GroupGunvor is one of the world’s largest independent commodities trading […] Read More
Glenfarne Energy Transition’s Texas LNG Announces LNG Offtake Agreement with Gunvor Group
HOUSTON & BROWNSVILLE – Texas LNG Brownsville LLC (“Texas LNG”), a four million tonnes per annum (“MTPA”) liquefied natural gas (“LNG”) export terminal to be constructed in the Port of Brownsville, Texas, a subsidiary of Glenfarne Energy Transition, LLC (“Glenfarne”), has signed a Heads of Agreement (“HOA”) with Gunvor Group through its subsidiary Gunvor Singapore […] Read More
Gunvor resolves U.S. Department of Justice investigation into Ecuador
NEW YORK – Gunvor S.A. (“Gunvor” or “the Company”) has agreed to resolve the investigation by authorities in the United States into past activities relating to bribery in Ecuador. Read More
Chesapeake Energy Corporation, Delfin LNG and Gunvor sign long-term LNG liquefaction offtake agreement indexed to JKM
OKLAHOMA CITY – Chesapeake Energy Corporation (NASDAQ: CHK, together with certain of its subsidiaries, collectively, “Chesapeake”), Delfin LNG LLC (“Delfin”) and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd (“Gunvor”), today announced the entrance into a liquefied natural gas (LNG) export deal that includes executed Sales and Purchase Agreements (“SPA”) for long-term liquefaction offtake. Under […] Read More
Gunvor Nigeria Limited
Please be apprised that Gunvor Nigeria Limited is the only legitimate business entity associated with Gunvor Group registered in Nigeria. “Gunvor Trading Company Ltd“, “Gunvor Oil and Gas Limited“, and “Gunvor Energies Ltd” are not associated in any way with or represent the interests of Gunvor Group. All possible legal means are being taken to […] Read More
Gunvor closes new EUR 400 million facility backed by Italy’s SACE
Gunvor Group has closed a EUR 400 million, 5-year term loan guaranteed by SACE, the Italian Export Credit Agency with UniCredit acting as Global Coordinator. The goal of the Facility is to support Italian industry by securing natural gas and liquefied natural gas (LNG) supplies while promoting the export of Italy’s goods and services. Read More
Gunvor successfully closes sustainability-linked Samurai loan
Gunvor Group has successfully refinanced its 3-year Yen-denominated Sustainability-Linked Term Loan (the “Samurai” loan) for a total amount of JPY 49.1 billion. Read More
Gunvor acquires majority stake in Spanish power plant from bp
Gunvor Group will acquire from bp Gas Marketing Limited a 75% ownership stake in Bahía De Bizkaia Electricidad S.L. Bilbao, Spain. Read More
Gunvor partners with ClearShift on zero carbon diesel and chemicals
HOUSTON – As part of its strategy to accelerate the energy transition, Gunvor USA LLC (Gunvor), part of the Gunvor Group and one of the world’s largest independent commodities trading houses, has executed a feedstock supply and product offtake Letter of Intent with Dallas-based ClearShift LLC (ClearShift), a leader in the development of gas-to-liquids technology […] Read More
Delfin Midstream Signs Long-Term LNG Supply Agreement with Gunvor
HOUSTON — Delfin Midstream Inc. (“Delfin” or the “Company”) and Gunvor Group Ltd announced today that Gunvor Singapore Pte Ltd (“Gunvor”) has entered into long-term LNG Sale and Purchase Agreement (“SPA”) with Delfin LNG LLC (“Delfin LNG”), a subsidiary of Delfin. Under the SPA, Delfin LNG will supply between 0.5 to 1.0 million tonnes of […] Read More
Gunvor secures US $1.885 billion sustainability-linked, multi-currency revolving credit facility
GENEVA (21 November 2023) – Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $1.885 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA. The Facility received strong support from Gunvor’s banking partners and attracted new banks, increasing the total amount of the facility […] Read More