Moving Energy Forward
Vopak and Port of Antwerp-Bruges to sustainably redevelop former Gunvor site
Dutch tank storage company Vopak is acquiring the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group Ltd (“Gunvor”), giving it access to the Gunvor concession in the Antwerp port area. Vopak is committed to sustainably redeveloping the site. For example, together with the Port of Antwerp-Bruges, the company will focus on joint development/implementation […] Read More
Industry giants gain unprecedented insight into the climate impact of their shipping activities
For the first time, some of the world’s largest energy, agriculture, mining, and commodity trading companies … Read More
Gunvor closes us $1.565 billion lng syndicated borrowing base facility
Gunvor Group, a leading independent trader of liquefied natural gas (LNG) worldwide, has renewed its syndicated borrowing base facility (the “Facility”) to support the working capital needs of the company’s growing LNG activities globally. The syndication launched at US $1.2 billion and was oversubscribed, with strong appetite from new lenders, including more than 20 banks […] Read More
Gunvor secures usd 1.645 billion sustainability-linked, multi-currency revolving credit facility
Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 1.645 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 both existing and new banking partners, increasing the total amount of the facility from the previous year. The RCF […] Read More
Gunvor secures US $1.645 billion sustainability-linked, multi-currency revolving credit facility
Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 1.645 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 both existing and new banking partners, increasing the total amount of the facility from the previous year. The RCF […] Read More
Gunvor successfully increases obsi revolving credit facility to usd 990 million
Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 990 million Off Balance Sheet Instruments Revolving Credit Facility (“Facility”) in favor of Gunvor SA, Gunvor International B.V., Gunvor Deutschland GmbH, Gunvor Singapore Pte. Ltd., Gunvor Raffinerie Ingolstadt GmbH and Gunvor Petroleum Rotterdam B.V.. The Facility received strong support from Gunvor’s banking and institutional […] Read More
Pertamina Subholdings Gas and Gunvor partners on global LNG supplies
PT PGN Tbk as Pertamina Subholding Gas (PGN), which is committed to immediately realizing the potential of its natural gas and liquefied natural gas (LNG) trading in the international market, has established a collaborative partnership with Gunvor Singapore Pte. Ltd. (Gunvor), under which PGN and Gunvor will carry out the sales and purchase of LNG […] Read More
Industry giants gain unprecedented insignt into the climate pact of their shipping activities
For the first time, some of the world’s largest energy, agriculture, mining, and commodity trading companies publish the climate alignment of their shipping activities and gain access to new data that will allow them to work with their business partners in driving carbon efficiency and reductions and align their chartering activities with climate action goals. […] Read More
Energy Transfer Signs LNG Sale and Purchase Agreement With Gunvor
Energy Transfer LNG Export to supply LNG to Gunvor Singapore Pte from its Lake Charles LNG Export Facility Under 20-year Agreement Energy Transfer LP (NYSE: ET) and Gunvor Group Ltd today announced that Gunvor Singapore Pte Ltd (Gunvor) has entered into an LNG Sale and Purchase Agreement with Energy Transfer LNG Export, LLC (Energy Transfer […] Read More
Gunvor statement regarding the war in Ukraine
Gunvor Group unequivocally condemns the war in Ukraine and the senseless violence taking place against the civilian population. While Gunvor has a history working in Russia, the company’s trading today has no material exposure to the country. Since 2014, Gunvor has been majority owned by the company’s Chairman and CEO, Torbjörn Törnqvist, who today holds […] Read More
Gunvor secures new us $1.135 billion lng syndicated borrowing base facility
First of its kind LNG facility includes scope 1, 2, and 3 emissions measurement commitments Gunvor Group, the largest independent trader of liquefied natural gas (LNG) worldwide, has signed a new syndicated borrowing base facility (the “facility”) to support the working capital needs of the company’s growing LNG activities globally. The syndication launched at US […] Read More