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Trafigura says closes $400 million credit to sell US LNG, mainly in Europe

October 6, 2023 Comments Off

Trafigura has signed a deal for two revolving credit facilities totaling $400 million with the Export-Import Bank of the United States, the commodity trader has said. The funds will exclusively be used to purchase US LNG cargoes, primarily to supply to European buyers, providing an alternative source of natural gas following Russia’s invasion of Ukraine, Trafigura said in an Oct….