Trafigura, a global leader in the commodities industry, has successfully renewed and expanded the scope of two Revolving Credit Facilities totalling USD400 million, backed by insurance from the Export-Import Bank of the United States (US EXIM).

Trafigura will use the facilities exclusively to purchase energy products from US producers for export to Europe and other key markets in Asia and South America.

The facilities strengthen Trafigura’s collaboration with US EXIM, broadening eligible products from LNG to include crude oil, refined petroleum products and petrochemicals, whilst extending coverage to additional destination countries.

The renewal follows approval by the US EXIM Board of Directors of two Financial Institution Buyer Credit (FIBC) policies issued to participating financial institutions for short-term facilities extended to Trafigura.

James Murphy-O’Connor, Trafigura’s Head of ECA Finance, said: “These expanded US EXIM-backed facilities demonstrate our continued commitment to facilitating American energy exports. By connecting US producers with key international markets, we’re supporting both American energy sector growth and global energy security through reliable, diversified supply chains.