NATURAL GAS PLAYS A KEY ROLE IN THE FUTURE ENERGY MIX OF THE WORLD.
Energy market liberalisation in Europe and the Americas increasingly opens existing pipeline networks and storage facilities to new players. Further, the emergence of LNG spot trading allows for price arbitrage across the continents.
Access to pipeline capacity, storage and LNG facilities is therefore the backbone of Gunvor’s natural gas and LNG growth and diversification strategy. Gunvor Group is currently securing long term contracts and partnerships for access to pipeline gas production, transportation and storage, as well as LNG supplies and LNG shipping and regasification infrastructure. Gunvor has been actively trading and arbitraging LNG flows originating from Peru, Nigeria, Qatar, Trinidad and Tobago, among others as well as reloading from the Atlantic.
Gunvor signed a marketing and trading partnership with Akfel Group of Turkey. The Akfel Group is the main shareholder of Turkey’s largest privately-owned gas importer Enerco and one of the fastest growing energy and engineering groups in Turkey. Akfel Gunvor Energy deals within Turkey and the surrounding regions, focusing on natural gas, LNG, power, coal, Emission and Biomass. The first deals across Turkey have been executed in Summer 2011.