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

Port of Aberdeen Welcomes Longest-Ever Vessel

Port of Aberdeen Welcomes Longest-Ever Vessel

Sogese H2 Market Update Foreshadows Geopolitical Impact on Global Shipping

Sogese H2 Market Update Foreshadows Geopolitical Impact on Global Shipping

Grain Shipments Strong, but Weakness on the Horizon

Grain Shipments Strong, but Weakness on the Horizon

Stephanie Dominguez Walton Elected as Board President for Port of Oakland

Stephanie Dominguez Walton Elected as Board President for Port of Oakland

Subscribe for Maritime Logistics Professional E‑News

Visual Investigation-The U.S. Army Veteran and the Mystery Boeings Flying Sudan's War Routes
The threat of Iranian and Houthi shipping to the Red Sea is more important for oil today
You want to build a metal smelter of your own? Andy Home