Commodities
Gunvor Eyes Boosting US Natural Gas Production Assets
This article is for subscribers only.
Gunvor Group Chairman Torbjörn Törnqvist said the trading house is looking to buy more assets, building on a flurry of deals it has made by deploying bumper earnings from recent boom years.
“If I were to pick one area where we want to add, it is US gas production,” Törnqvist said in an interview at CERAWeek by S&P Global in Houston. “$4 natural gas is a good price for the right asset,” he said, adding that the firm already has some natural gas production in the US.