Essar Steel Seeking LNG Cargoes for 2021-2023

Jessica Jaganathan
Wednesday, July 8, 2020

India's Essar Steel is seeking liquefied natural gas (LNG) cargoes for delivery over 2021 to 2023, two industry sources said on Tuesday.

It is seeking 30 trillion British thermal units (TBtu) for delivery over the three years in a tender which closes on Tuesday, one of the sources said, adding that this works out to about 8 to 9 cargoes a year.

Essar Steel is asking for the cargoes to be priced on Platts' Japan-Korea-Marker (JKM) linked basis, the source added.

The company had in February sought 36 cargoes for delivery over the same period, though it was not immediately clear if it had bought all the cargoes it sought then.

 (Reporting by Jessica Jaganathan, editing by Louise Heavens)

Categories: LNG

Related Stories

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

Impending Shortage of Jackups within Ageing Asia Pacific Fleet

MCDermott Gets Pipelines and Cables Job at Qatar's Giant Gas Field

TotalEnergies Signs LNG Supply Deal with South Korea’s HD Hyundai Chemical

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Shelf Drilling to Consolidate Jack-Up Fleet and Resolve Funding Gaps via Triangular Merger

ADES Buys Two Jack-Ups from Vantage Drilling in $190M Deal

LNG Carriers Line Up At Malaysia's Bintulu Complex After Maintenance

A Hydrogen Balancing Act in Offshore Energy

China’s First Offshore Wind Power SOVs Delivered

Current News

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

BP Greenlights $7B CCUS Scheme Tied to Indonesia LNG Facility

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

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