marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

EU Wheat Rises After Saudi Tender, Continued Black Sea Tensions

EU Wheat Rises After Saudi Tender, Continued Black Sea Tensions

Liberty Global Logistics, Hyundai Glovis Study Nuclear-Powered PCTCs

Liberty Global Logistics, Hyundai Glovis Study Nuclear-Powered PCTCs

Ukrainian Food Shipments Through Danube Ports in September Rise

Ukrainian Food Shipments Through Danube Ports in September Rise

Reefer Ships: Resilient Link in the Cold Chain

Reefer Ships: Resilient Link in the Cold Chain

Subscribe for Maritime Logistics Professional E‑News

Oil giants rush in to help Italy's Meloni reduce energy costs by introducing fuel price caps
Increased security at US Fairford Air Base in England
US FAA: Error messages in the telecommunications system prompted Sunday's shift to backup