With thin profit margins growing even thinner in the crude oil sector, commodity trading houses have been looking for the next big movement in the energy industry to sink their teeth into, and they’ve found that new horizon in the liquefied natural gas sector. Some of the biggest commodity trading houses around the globe have recently gotten involved in boosting liquefied natural gas and remodeling the energy industry as a whole to fit this new focus. Among these commodity trading giants are the companies Gunvor Group Ltd., Trafigura Group Pte. Ltd. and Vitol SA, which have all gone from simply trading liquefied natural gas to investing vertically into ships and terminals involved in the chain of production. The injection of investment dollars from big trading houses such as these has majorly catalyzed the growth of the liquefied natural gas sector, helping physically move much more product than the industry’s […]

Posted in: LNG