Trafigura 15-Year LNG SP&A. What Can Go Dead Wrong From Start To Finish

The author of this article has a short position in the company [munger] The entities active in trading in the gas and power markets are very diversified in terms of size, strategies and creditworthiness. Gas and power transactions involve flows and potentially a large number of overlapping individual transactions. What is credit exposure in trading markets ? What’s the exposure of Cheniere Energy on Trafigura and what can go dead wrong from start to finish with Trafigura Pte’s 15-year LNG SP&A – The Trafigura 15-year LNG SP&A deal. January 16 2018. Cheniere Marketing, LLC (“Cheniere Marketing”) has entered into a…