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

Organizations Release Joint Support Statement on Maritime Labour Convention 20th Anniversary

Organizations Release Joint Support Statement on Maritime Labour Convention 20th Anniversary

The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal

The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal

DetentionTrackr Debuts AI-Powered Port State Control Intelligence Tool

DetentionTrackr Debuts AI-Powered Port State Control Intelligence Tool

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Subscribe for Maritime Logistics Professional E‑News

US airlines warn of a pause in travel programs following DHS shutdown
Cargill's Santarem terminal is occupied by indigenous protesters in Brazil
US official will tell Congress that closing El Paso Airport was not an error.