Trafigura Deal Opens LNG Doors, Canada's NuVista Says

November 12, 2024-- Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Montney-shale focused NuVista Energy Limited (Calgary, Alberta) said a natural gas supply agreement with commodity trader Trafigura gives it its first exposure to the international market for liquefied natural gas (LNG). Trafigura signed a 13-year agreement with NuVista to secure the supply equivalent of 21 billion British thermal units per day taken largely from the Montney shale formation in Alberta, one of the more prolific basins in North America.