Commodity trader Trafigura said its liquefied natural gas volumes rose 18.7 percent in the fiscal year ending September 30 compared to the year before.
Total traded LNG volumes increased to 12.7 million tonnes compared to 10.7 million tonnes in the financial year ending September 30, 2024, Trafigura said in its annual report.
Trafigura previously reported LNG volumes of 11.2 million tonnes in the financial year ending September 30, 2023, and 13 million tonnes in the year before.
The trader said that its LNG supply capabilities continued to expand globally.
“We strengthened our position as a reliable supplier through supply deals with IOCL and Kogas, expanding our presence in Egypt and becoming one of the largest suppliers to German regasification terminals,” Trafigura noted.
“A long-term agreement with Canadian producer NuVista Energy demonstrated our ability to design bespoke pricing solutions linking disconnected regional markets, “the company said.
Balance remains “fragile”
Discussing the LNG market, Trafigura said that fundamentals suggest an overall surplus of freight capacity this year.
“However, the balance remains fragile; while both ship and cargo volumes have grown, sudden fluctuations can reshape market dynamics,” the trader said.
Trafigura noted that the market has “matured in many ways but liquidity and sentiment are still sensitive as participation remains concentrated among a relatively small group of players.”
Results
Trafigura’s net profit for the year was $2,666 million, down 3 percent from FY2024.
Underlying earnings before interest, tax, depreciation and amortisation exceeded $8 billion for the fourth consecutive year.
In terms of divisional performance, the group’s energy segment, which includes oil and petroleum products, gas, power, and renewables, associated freight and operating assets, delivered a “good” result despite “unpredictable” market conditions, Trafigura said.
It generated revenue of $166,980 million (representing 70 percent of total group revenue) and an operating profit before depreciation and amortisation of $6,091 million, slightly down from $6,229 million in the previous year.
At 358 million metric tonnes in FY2025, or an average of 7.6 million barrels per day, total traded volumes of oil and petroleum products, including natural gas and LNG, were around 10 percent above the previous year’s level, Trafigura said. (December 10, 2025, Source: https://lngprime.com/corporate/trafiguras-lng-volumes-climb/171636/)
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