The coronavirus pandemic has shone a spotlight on many things. But most importantly, the stronger focus on the energy transition from governments, financiers, and project sponsors has fuelled a race around the world towards the realisation of the UN’s SDGs.

TXF spoke to Jonas Rey, founder of third-party risk management consultancy Athena Intelligence, on what could have been done differently to decrease the risk of high-profile fraud cases in the commodities space last year.

The volatility in LNG spot prices between mid-2020 and early 2021 has shifted the dynamics of how LNG is traded. And the recent rally in LNG prices has undermined buyers’ enthusiasm for relying solely on the spot market while reversing favourability back towards long-term LNG contracts.

It’s easy to be gloomy, but a new year is a good point to look to the bright side. Here are some thoughts about why staying in bed for the whole of 2021 will not be the best option for trade, treasury and risk.

The GNA II LNG-to-power project and its sole financier - BNDES - promised to incubate private sector investment in large-scale project financings in Brazil. However, the card of pure commercial bankability is still some way off for such schemes.