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

Baltic Container Terminal Handles Longest, Largest Vessel to Call at Gdynia Port

Baltic Container Terminal Handles Longest, Largest Vessel to Call at Gdynia Port

DP World Completes Dredging Milestone for Senegalese Container Port

DP World Completes Dredging Milestone for Senegalese Container Port

Vessel Sinks Week After Being Struck by Russian Fire

Vessel Sinks Week After Being Struck by Russian Fire

Red Sea Shipping Slows After Houthi Attack on Saudi Arabia

Red Sea Shipping Slows After Houthi Attack on Saudi Arabia

Subscribe for Maritime Logistics Professional E‑News

Official: Russians attack Ukraine's Mykolaiv Region and kill one person, damage vessels.
NTSB Chair urges Congress to pass aviation legislation
Italy prepares measures to keep fuel costs below EUR2 amid fiscal worries