Two Gazprom Trading Managers in London Leave Company: Report

A pair of managers specialized in liquefied natural gas (LNG) deals at Gazprom Marketing & Trading’s London office have left the company, sources told Reuters on Wednesday.

Gazprom Marketing & Trading (GM&T) is a trading arm of Russia’s energy giant Gazprom which, sources told Reuters in March 2018, is reorganizing its overseas trading and export operations with hundreds of jobs potentially moving to St Petersburg.

According to the latest report, Jayesh Mistry, general manager for LNG and oil trading, has left, and Lawrence Darby, who was responsible for LNG paper trading, have left the trading company’s London office.

The managers’ departures follow a number of resignations in Gazprom Marketing & Trading’s Singapore LNG trading team in December. The traders who resigned then were Delia Proteasa, head of LNG trading, and Akshay Kaul and Aimie Parpia, Reuters writes.

The company declined to comment on Mistry’s departure and did not reply to a request for comment on Darby. Neither Mistry nor Darby were available for immediate comment.

Mistry has spent 10 years at Gazprom’s (GAZP.MM) London-based trading arm, according to his LinkedIn profile. He first served as director of global LNG trading and origination and in the past three years was general manager for LNG and oil trading.

His function in the London office was to manage a team responsible for Gazprom’s Global LNG Trading book, his profile on Gazprom M&T’s website said.

Darby joined Gazprom Marketing & Trading in June 2017 from Royal Dutch Shell (RDSa.L), according to his LinkedIn profile which did not specify what position within the LNG team he occupied.

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