Koch Supply & Trading Launches Global LNG Trading Business
Koch Supply & Trading Sárl said thati it has launched a global gas trading business.
Stephen Cornish has joined Koch Supply & Trading Sárl to build the global trading and marketing business for liquefied natural gas, natural gas and related commodities.
“Koch companies have a long track record of excellence in the natural gas markets,” Cornish said. “This venture into the international gas markets is a way to link its global portfolio to benefit its suppliers and customers. We believe this step into the international gas markets provides a strong counterparty for producers and customers alike.
“We will build out our operations in Asia, Europe and the Americas to the high standard that Koch Supply & Trading has set and look forward to working with our counterparts. This is a very exciting venture for us.”
Koch Supply & Trading also saidthat it plans to build a Europe-wide natural gas business from Geneva and an LNG trading business from offices in Houston, London, and Singapore. Origination and marketing support locations are also planned for the near future in East Asia, the Middle East and Latin America.
LNG World News Staff, February 9, 2012