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

Sentinel Midstream to Begin Building Texas Deepwater Oil Export Port

Sentinel Midstream to Begin Building Texas Deepwater Oil Export Port

Trump Pauses Effort to Escort Ships in Strait of Hormuz

Trump Pauses Effort to Escort Ships in Strait of Hormuz

Chicago Grain Futures Ease Alongside Crude Oil

Chicago Grain Futures Ease Alongside Crude Oil

Call Opens for Startups to Participate in the 6th Valenciaport Hackathon

Call Opens for Startups to Participate in the 6th Valenciaport Hackathon

Subscribe for Maritime Logistics Professional E‑News

Sentinel Midstream greenlights Texas deepwater oil export port
Maguire: Booming US energy exports are under scrutiny as domestic fuel costs bite.
Sources say that Russia's vast Kirishi refinery has halted processing after a drone attack.