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

IMO Facilitation Committee Approves Digitalization Strategy

IMO Facilitation Committee Approves Digitalization Strategy

Windward: Strait of Hormuz Throughput is Increasing

Windward: Strait of Hormuz Throughput is Increasing

DFDS Adds Third Vessel to Rosslare–Dunkirk Route

DFDS Adds Third Vessel to Rosslare–Dunkirk Route

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Subscribe for Maritime Logistics Professional E‑News

Air Canada CEO Michael Rousseau retires after French Flub
Japan and Europe continue to have near-historical lows in coffee stocks
China Southern will return to profitability in 2025, after five years of losses