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

Russian Ice-class LNG Carrier heads out via Northern Sea Route

Russian Ice-class LNG Carrier heads out via Northern Sea Route

NIMO, Belfast Harbour Join Port Innovators Network

NIMO, Belfast Harbour Join Port Innovators Network

MacGregor Inks Hatch Cover Deal

MacGregor Inks Hatch Cover Deal

Hormuz Crossings Rise Slightly from Weekend

Hormuz Crossings Rise Slightly from Weekend

Subscribe for Maritime Logistics Professional E‑News

US puts pressure on EU to "deliver" on non-tariff commitments
Third Point discloses Warner Bros Discovery share, adding to Alphabet exposure
Mexico races to remove record seaweed growth from Caribbean beaches