Search results for: Gunvor

227 results

A list of search results

  • 17 September 2013
    Business & Finance

    Gunvor Group  announces the closing of a USD 675 Million Long-Term Secured Facility to finance the Company’s flagship investment, its Ust Luga Oil Products Terminal in the Russian Federation. “We are very pleased with the outcome of the Facility, which is non-recourse to Gunvor, as it attracted considerable commitments from international and Russian banks amounting […]

  • 13 June 2019
    Project & Tenders

    Commonwealth Projects and Gunvor Group, through respective units, have signed a heads of agreement (HOA) for a 15-year LNG sale and purchase deal from the Commonwealth LNG export project under development in Cameron Parish, Louisiana.

  • 17 September 2013

    Gunvor Group announces the closing of a USD 675 Million Long-Term Secured Facility to finance the Company’s flagship investment, its Ust Luga Oil Products Terminal in the Russian Federation. “We are very pleased with the outcome of the Facility, which is non-recourse to Gunvor, as it attracted considerable commitments from international and Russian banks amounting […]

  • 3 June 2020
    Business developments & projects, Operations & Maintenance

    Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019.

  • 15 May 2018
    Infrastructure

    Exmar has executed what it says is a “fully effective” ten-year charter for the provision of its floating storage and regasification unit (FSRU) barge and services in Bangladesh for Gunvor. The FSRU barge is currently at Keppel Shipyard undergoing site-specific modifications after having been delivered from Wison Offshore and Marine in December 2017. The FSRU barge […]

  • 25 November 2013
    Business & Finance

    Gunvor Ulstein, Ulstein Group, has received HR Norge’s Award ‘Art of Management’. Gunvor Ulstein is CEO of Ulstein Group ASA and managing director of Ulstein Shipping AS , and has personally and through her style of management played a significant role in the development and restructuring of the Norwegian industry . Head of the Jury, […]

  • 21 August 2017
    Project & Tenders

    Swiss trading company Gunvor has been nominated as the preferred LNG buyer for offtake from the Ophir Energy-operated Fortuna FLNG project in Equatorial Guinea. The Ministry of Mines and Hydrocarbons, Ophir, OneLNG, a joint venture between Golar LNG and Schlumberger, and La Compania Nacional De Petroleos De Guinea Ecuatorial (GEPetrol) have agreed with Gunvor the principal commercial terms […]

  • 3 March 2017
    Project & Tenders

    India’s gas utility GAIL has reportedly signed a time-swap deal with Swiss trading giant Gunvor that includes its U.S. LNG volumes.

  • 2 September 2014

    Gunvor Group is planing to expand into short-term buying and selling of LNG as global supply is on the rise. Trading house based in Cyprus will charter vessels for spot agreements to sell LNG cargoes in Asia and the Atlantic basin. Sources told Bloomberg that Gunvor will look for supplies from Nigeria, Australia and Southeast […]

  • 21 August 2017
    Infrastructure

    Ophir Energy has informed that Gunvor Group has been nominated as the preferred buyer of LNG for offtake from the Fortuna FLNG project, offshore Equatorial Guinea. According to Ophir, principal commercial terms subject to finalizing a Sale and Purchase Agreement (“SPA”) for the offtake ahead of the Final Investment Decision (“FID”) on the Fortuna FLNG […]

  • 20 September 2017

    Bangladesh’s Petrobangla on Tuesday signed a non-binding memorandum of understanding with Gunvor’s Singapore unit for the supply of liquefied natural gas from 2018. 

  • 7 August 2017

    Swiss trading company Gunvor has shown interest in financing the Fortuna FLNG project as it looks to secure supply from the Equatorial Guinea’s floating liquefied natural gas plant.

  • 25 November 2011
    Project & Tenders

    InterOil Corporation and Pacific LNG Operations Ltd. announced the signing of a Heads of Agreement (HOA) with Gunvor Singapore Pte. Ltd., for the supply of one million tonnes per annum (mtpa) of liquefied natural gas (LNG) from the Gulf LNG Project in Papua New Guinea. The signing occurred in Port Moresby and was witnessed and […]

  • 15 April 2015
    Business & Finance

    PA Resources, a Sweden-based oil explorer, will continue its restructuring efforts, after its largest creditor and shareholder, Gunvor Group decided to withdraw its petition for bankruptcy in PA Resources. On Sunday night Gunvor Group informed the company that it had filed an application for bankruptcy of PA Resources AB, but yesterday, April 14, 2015, it […]

  • 3 October 2013

    Lundin Petroleum and its partner Gunvor Group (Gunvor) have entered into a Heads of Agreement with Rosneft Oil Company (Rosneft) to jointly sell 51 percent of LLC Petroresurs. LLC Petroresurs is the 100 percent owner of the Lagansky block licence located in the Russian part of the Caspian Sea. The Lagansky block licence contains the […]

  • 21 June 2018
    Ports & Logistics

    Trading company Gunvor has emerged as a winner in a tender to supply Pakistan with six liquefied natural gas (LNG) cargoes in July and August. Gunvor submitted the most competitive offers for five of the cargoes sought by state-owned company Pakistan LNG while Vitol won one and Trafigura none, according to a commercial evaluation document. Gunvor […]

  • 12 July 2017
    Business & Finance

    Athens-based shipowner Top Ships has entered into two joint venture agreements for two medium range (MR) tankers with commodities trading house Gunvor Group. The deal, which has a 50-50 basis, is related to the 50,000 dwt product tankers M/T Eco Holmby Hills and M/T Eco Palm Springs. The ships are currently under construction in Hyundai with expected […]

  • 17 June 2019
    Business & Finance

    The company’s 155,000 cbm LNG carrier GasLog Shanghai was hired for a period of three and a half years.

  • 9 March 2016
    Vessels

    Pakistan received on Wednesday a spot cargo of liquefied natural gas at the country’s LNG import terminal in Port Qasim. The cargo was supplied by trading giant Gunvor, Engro Elengy, the operator of Pakistan’s first LNG  import terminal said. The 159,800 cbm Maran Gas Troy is currently docked at Excelerate Energy’s FSRU Exquisite in Port Qasim, port […]

  • 1 June 2016

    Hong-Kong-flagged CSC Friendship has been detained by Chinese officials within an investigation into suspected tax evasion on imported oil, Reuters reports citing customs officers from Guangzhou. According to the customs office, the probe is being conducted into suspected smuggling of light cycle oil (LCO). The 45,800-dwt product tanker, owned by Nanjing Tankers’ Corporation, was reportedly chartered by Swiss trading house Gunvor […]

  • 24 October 2018
    Vessels

    Norway-based FSRU giant Höegh LNG confirmed Wednesday it has chartered its Höegh Gallant FSRU to Clearlake Shipping, a unit of the Switzerland-based energy trading company Gunvor. To remind, Höegh LNG said last week that the floating regasification and storage unit would be chartered to a third party following an early termination of the contract with Egypt’s EGAS. The […]

  • 26 November 2019

    Commonwealth LNG has signed a strategic LNG marketing and gas supply deal with the Swiss trader Gunvor.