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

Fly-Box Begins Techno-Economic Assessment of Container Platforms

Fly-Box Begins Techno-Economic Assessment of Container Platforms

Eyesea, EVI Safety Technologies Unveil “Container Overboard” Detection, Reporting System

Eyesea, EVI Safety Technologies Unveil “Container Overboard” Detection, Reporting System

Corvus Energy Secures Record Order for Seven Fully Electric CMAL Ferries

Corvus Energy Secures Record Order for Seven Fully Electric CMAL Ferries

LR, Mawani Celebrate Completion of Training Program

LR, Mawani Celebrate Completion of Training Program

Subscribe for Maritime Logistics Professional E‑News

Aena buys majority stakes in UK Airports for $360 Million
ADNOC secures $11 billion in financing for future gas production
ADNOC secures $11 billion in financing for future gas production