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

Class NK GDA for World First Vessel Tank Tech

Class NK GDA for World First Vessel Tank Tech

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

CO2 Logistics Hub Under Development at Stockholm Norvik Port

CO2 Logistics Hub Under Development at Stockholm Norvik Port

Glenfarne signs 20-year LNG contract with POSCO in South Korea

Glenfarne signs 20-year LNG contract with POSCO in South Korea

Subscribe for Maritime Logistics Professional E‑News

CANADA-CRUDE-Discount on Western Canada Select widens
Spain investigates whether the outbreak of swine flu was caused by a lab leak
IndiGo and pilot safety regulations in India