Marathon pens LNG sales agreement for Alba gas in Equatorial Guinea
Marathon, which has a 64% working interest in the Alba Unit, said the sales deal is effective January 1, 2024.
Source: naturalgasworld.com
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China's Huawei sets up commodities hedging team in Singapore, Hong Kong
Huawei Technologies is building a commodities team to hedge and trade metals and energy products, according to the Chinese technology company's job posts on professional social network LinkedIn. The company was looking for a commodity trader and a commodity market analyst in Singapore a month ago, the posts on LinkedIn showed. Huawei was also hiring a metals hedging specialist and a metals research specialist in the city-state four months ago, according to separate LinkedIn posts.
Source: yahoo.com
Gunvor to supply LNG to Thailand's Hin Kong Power
Hin Kong Power is developing a 1.4 GW gas-fired power plant in Thailand.
Source: naturalgasworld.com
Singapore Hands 20-Year Prison Sentence to Commodity Trader CFO
The long prison sentence may indicate an increased willingness among Singapore's judiciary to hand out tough punishment for fraud committed within the city-state's jurisdiction.
Source: shipandbunker.com
Bangladesh to buy LNG from Vitol
The cargo will be delivered in mid-March.
Source: naturalgasworld.com