BGN enters physical LNG market with delivery at German terminal

BGN “Touches the Ice” with first physical LNG delivery to Germany and secures major Egypt LNG deal. (Image: BGN)

Energy and commodities training company BGN has made its official entry into the physical liquefied natural gas (LNG) market with the successful discharge of its first LNG cargo at the Mukran floating storage and regasification unit (FSRU) in Germany. The chartered vessel Celsius Gandhinagar completed the delivery, marking a milestone known in the industry as “touching the ice.”

The delivery is a key step in BGN’s strategy to become a major global player in LNG, building on its established success in liquefied petroleum gas (LPG), crude oil, diesel, and gasoline trading—particularly across the Mediterranean region.

In parallel, BGN has been selected as one of the suppliers in Egypt’s landmark LNG procurement initiative, a high-profile program that also includes several of the industry’s leading players. The dual achievements underscore the company’s growing influence across strategic energy markets and its operational capability to manage high-value, complex energy supply chains.

Leadership and global growth strategy

BGN’s entry into LNG is part of a broader plan to become the world’s largest LNG trader while expanding into hydrocarbons and mining markets across Africa and Latin America. The strategy includes integrating upstream assets with a global trading infrastructure to deliver long-term value in both energy and resources.

To support this expansion, BGN has strengthened its leadership team with experienced executives from across the global commodities space. Recent appointments include:

• Wael Amer, Chief Commercial Officer, formerly with Trafigura, Litasco, and BGN, bringing deep expertise in international energy markets.
• Estella Shi, senior leadership team member, with prior roles at Mercuria and Litasco, known for her cross-market trading experience in both physical and paper products.
• Head of Africa (name pending announcement), bringing regional and commercial expertise to lead operations across the continent.
• Head of Mining (name pending announcement), appointed to execute BGN’s resource strategy in key mineral-rich markets.

LNG delivery highlights operational capability

The company emphasized the technical and logistical complexity of offloading LNG at -160°C, particularly at the Mukran FSRU, highlighting its operational excellence and commitment to safety.

“While we remain selective, these early moves signal our commitment to growing LNG flows alongside our broader energy portfolio,” said Wael Amer, BGN’s Chief Commercial Officer.

The Mukran delivery and Egypt supply contract position BGN to play a strategic role in supporting energy security and the energy transition across Europe, North Africa, and other critical regions.

BGN’s recent accomplishments are designed to establish it as a leading player in physical energy markets. The company’s LNG entry builds on its extensive trading experience in LPG and refined products and signals its readiness to handle one of the world’s most technically demanding and fastest-growing energy commodities.

The company credited its global teams in Geneva, Dubai, Singapore, and Houston for executing its swift and responsible entry into the LNG sector. These collaborative efforts, BGN said, demonstrate its strength as an innovative and reliable energy partner.

With momentum from its LNG launch and Egypt deal, and an expanding leadership footprint, BGN said it is positioning itself for long-term growth across LNG, hydrocarbons, ammonia, and mining markets.