marine link image

Papua New Guinea LNG Export Plant Offers Cargo for September

August 7, 2018

© Igor Groshev / Adobe Stock
© Igor Groshev / Adobe Stock

Exxon Mobil's Papua New Guinea liquefied natural gas (LNG) export plant has offered a cargo for delivery in September, two industry sources said on Tuesday.

The cargo is to be delivered into Japan, Taiwan, South Korea or China, and the tender closes on Wednesday with bids to remain valid until Thursday, one of the sources said.

This is expected to provide some relief to the spot market at a time when spot demand from Japan and South Korea has been firm due to warm temperature, traders said.


(Reporting by Jessica Jaganathan; Editing by Tom Hogue)

Logistics News

Singapore: Container Ship Fire Extinguished

Singapore: Container Ship Fire Extinguished

US Navy to Block Ships from Iranian Ports

US Navy to Block Ships from Iranian Ports

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

Subscribe for Maritime Logistics Professional E‑News

China offers incentives for Taiwan after opposition leader's visit
Oil prices jump 8% above $100 in anticipation of US blockade of Strait of Hormuz
Israel reprimands Spain for blowing up an effigy of Netanyahu