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

Green Tech: Rise of the [Hull Clening] Robots

Green Tech: Rise of the [Hull Clening] Robots

LEO Satellite Networks: Supporting Maritime Safety, Efficiency and Innovation

LEO Satellite Networks: Supporting Maritime Safety, Efficiency and Innovation

Tech Talk: Time to Rethink Watchkeeping

Tech Talk: Time to Rethink Watchkeeping

Insights: When the Climate Becomes a Cargo Risk

Insights: When the Climate Becomes a Cargo Risk

Subscribe for Maritime Logistics Professional E‑News

Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.
As the Middle East conflict escalates, airlines cancel more flights
Sources say that local suppliers have prevented jet fuel shortages at four Italian airports