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

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

India Allows Four Iranian Oil Tankers to Berth

India Allows Four Iranian Oil Tankers to Berth

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

Subscribe for Maritime Logistics Professional E‑News

City Airlines strikes pay deal as Lufthansa strikes, disrupting tens thousands of passengers
FAA and Pentagon sign agreement to deploy anti-drone Laser System near Mexico
Sources say that the Black Sea port of Novorossiysk has partially resumed oil and fuel loadings following a drone attack.