Hints and tips:
...Trafigura declined to comment, pointing to previous comments from chief executive Jeremy Weir that it trades a “limited” amount of refined products from Russia in compliance with the sanctions....
...Mine Craft Limited....
...Saudi Arabia’s production cuts have also limited the availability of similar oil that could be a “typical replacement” for Russian crude, he added....
...Other assets were also proposed as part of a wide ranging security package, including a “project value chain solutions company called Hangji Global Limited”....
...The banking sector turmoil that has spilled into energy and metal markets is likely to be limited in duration with only minimal damage to the wider economy, according to some of the world’s biggest commodity...
...Trafigura currently lifted only a “limited” number of cargoes of refined products, permitted under exemptions in the west’s sanctions, having completely stopped trading Russian crude last year, he added....
...The entities named included TMT Metals (UK) Limited and UD Holdings Limited....
...The Vostok sale was made to an obscure Hong Kong company — Nord Axis Limited — that was set up just nine days before the full-scale invasion of Ukraine, though Trafigura said it was not a Russian company...
...Global copper stocks have fallen to perilously low levels, one of the world’s largest commodity traders Trafigura has warned....
...Trafigura was one of the biggest lifters of Russian crude before it wound down that business last year....
...In a letter seen by the Financial Times, the European Federation of Energy Traders — a trade body that counts BP, Shell and commodity traders Vitol and Trafigura as members — said the industry needed “time-limited...
...registered trading company”, Nord Axis Limited....
...The Swiss entity “has very limited volumes of crude oil and refined products from Russia, according to the exemptions from the embargo on Russian production given by the EU,” it added....
...Trafigura was only lifting a “limited” amount of permitted refined products from Russia, having ceased all trading in Russian crude....
...This year, Trafigura sold its 10 per cent stake in Vostok Oil to Nord Axis Limited, a Hong Kong-registered company, for an undisclosed amount....
...of the year because heavy rain caused a “limited release of salt-laden liquid” from its tailing dam....
...Already, big operators such as Shell and Trafigura are stepping into the void....
...From January to now, we've made seven operations of export which reach 454 kilos of gold in a very limited period of, let's say, two months....
...However, there have been only limited increases in supply from Russia over the past week and on Monday Gazprom booked lower pipeline capacity for December....
...“Our supplier park will potentially bring new industry to the UK, including, but not limited to, refining of various battery ingredients and materials,” it said....
...On Saturday Shell added that it would commit any profits from “the limited amount of Russian oil we have to purchase” to a dedicated fund....
...needed “time-limited emergency liquidity support to ensure that wholesale gas and power markets continued to function”....
...According to Puma’s 2020 annual report, Malta-registered Trafigura PE Holding Limited paid Dino’s Cochan $390m in June 2020 for just under 12m shares, equivalent to approximately $33 a share....
...However Ben Luckock, co-head of oil trading at Trafigura, expects a peak price of $150 a barrel this summer....
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