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

Ports of Indiana Appoints Brady Jacoba as Chief Commercial Officer

Ports of Indiana Appoints Brady Jacoba as Chief Commercial Officer

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

Supermaritime Nederland B.V. Appoints Milan Tevel as General Manager, Expands Warehouse Capacity

Subscribe for Maritime Logistics Professional E‑News

Turkish Airlines forced to land in emergency at Barcelona after a bomb hoax
Greece warns its shipping fleet about increased risks following Black Sea drone attacks
Mitsubishi will buy Texas and Louisiana Shale Gas assets for $7.53 Billion