JPMorgan looks to resume trading physical LNG
10/29/2024
JPMorgan Chase is in talks to resume trading physical liquefied natural gas (LNG) after more than a decade. The bank has had talks with at least three projects under development in the Gulf Coast to get a long-term LNG supply, the report said.
The bank and developers are in discussion to build a project to liquefy and export gas in Commonwealth LNG site in Louisiana, Sempra Energy's under construction site in Texas and Energy Transfer ET.N facility in Louisiana, the report added.
Energy Transfer did not immediately respond to Reuters requests for comment.
Related News
Related News
Sign up to Receive Our Newsletter
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
- U.S. LNG exports primed to jump as price arb to Europe opens wide
Comments