Papua New Guinea LNG Export Plant Offers Cargo for September

Tuesday, August 7, 2018

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)

Categories: Tankers Energy Ports LNG

Related Stories

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

Mitsui Eyes New LNG Investments to Power Data Center Growth

Oil Prices Rise as Iran Talks Stall and Inventories Shrink

Indonesia Signs Eight Oil and Gas Contracts

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Global Businesses Face Mounting $25 Billion Fallout From Iran War

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Current News

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs

Mitsui Eyes New LNG Investments to Power Data Center Growth

Oil Prices Fall Amid Signs of US-Iran Ceasefire Extension Deal

Three Dead After Incident at Petronas' FSO Offshore Malaysia

Planned Strike at Inpex’s Ichthys LNG Facility Called Off as Talks Continue

Eni Inks Long-Term Indonesia LNG Supply Agreements

Indonesia Locks In LNG Supplies from Inpex' Abadi and Eni’s South Hub

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

Oil Prices Rise as Iran Talks Stall and Inventories Shrink

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com