Inpex Sells Ichthys LNG at Record Low

Jessica Jaganathan
Tuesday, April 28, 2020

Inpex sold a liquefied natural gas (LNG) cargo from Australia's Ichthys plant for loading in May at what traders say is a record low price.

Inpex had offered two cargoes for loading in May and has sold at least one of them at about $1.70 to $1.75 per million British thermal units (mmBtu), four traders said.

The cargo was sold on a delivered ex-ship (DES) basis, two of them said. Details of the buyer and the second cargo could not immediately be confirmed. 

(Reporting by Jessica Jaganathan; Editing by Christian Schmollinger)

Categories: Offshore Energy LNG Offshore Energy Industry News Activity Australia/NZ

Related Stories

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

Oil Shoots Over $110 as Trump's Iran Deadline Looms

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Iran War Sends LNG Prices Soaring, Curbing Asia Demand

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Angola Gas Project, Secures $9B Credit Facility

OSV Market: Asia Pacific Downshifts for the Long Haul

Current News

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

ABL Transports Northern Endeavour FPSO to Recycling Yard

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