marine link image

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

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

Ports of Indiana Handles First Aluminum Shipment

Ports of Indiana Handles First Aluminum Shipment

Iran War Hits Natural Gas Harder than Oil

Iran War Hits Natural Gas Harder than Oil

Subscribe for Maritime Logistics Professional E‑News

Fastweb cancels INWIT, sparking a telecoms tower dispute in Italy
Aer Lingus is concerned about the seriousness of US retaliation in relation to Dublin Airport Cap
Delta Air Lines refinery investment looks more valuable with jet fuel squeeze