Liquid Petroleum Gas (LPG)
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Vivakor’s Trading Platform Initiates First $23 Million LPG Commodity Trade Under its $40 Million Credit Facility
Globenewswire· 2025-11-10 13:00
Core Insights - Vivakor, Inc. has successfully initiated its first major transaction in the Liquified Petroleum Gas (LPG) market, valued at approximately $23 million, utilizing a $40 million Intermediation Credit Facility [1][2][5] Group 1: Company Overview - Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services, focusing on developing and operating assets in the energy sector [6] - The company aims to broaden its market presence beyond crude oil by diversifying into petroleum commodities [2][5] Group 2: Transaction Details - The inaugural LPG trade marks Vivakor Supply & Trading's (VST) expansion into petroleum commodities, demonstrating the company's strategic intent to leverage its logistics and midstream capabilities [2][5] - VST will manage transportation, logistics, and gathering operations for the LPG, utilizing Vivakor's midstream infrastructure to enhance operational efficiency [3] Group 3: Revenue Model - VST will recognize a small percentage of the total contract value as revenue, reflecting its role as an intermediary in the physical commodity supply chain, with actual revenue varying based on market conditions [4]