Skip to main content

Vitol nearly triples LNG traded volumes in 2017

Published by
LNG Industry,

Reuters are reporting that Vitol nearly tripled traded volumes of LNG in 2017 to 7.4 million tpy.

That compares to traded volume in 2016 of 2.6 million tpy, a spokeswoman for the company said.

“In LNG, where we have long had a presence, the market is evolving as anticipated and our volumes grew commensurately,” the trader said.

LPG volumes fell slightly to 14.3 million tpy, after very strong growth in 2016, it said.

“Nonetheless, we continue to see LPG as a longer term growth opportunity, with US supply growth satisfying the need for cleaner fuel and power solutions in developing economies.”

Read the article online at:

You might also like

 STATS Group

[WEBINAR] Digital Shipbuilding: A Transparent and Real-Time View of the Fabrication Process is Possible

In this webinar, Ismo Piirainen and David Whittle of Hexagon PPM will be discussing the digitalisation and digital transformation trends driving Industry 4.0, especially when it comes to fabrication. Register for free today »


Total awards two LNG agreements to Worley

Worley has announced that it been awarded two master service agreements by Total E&P Mozambique Area 1 Limitada to provide services to the Mozambique LNG project.


Embed article link: (copy the HTML code below):


LNG Industry is not responsible for the content of external internet sites.