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

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

ADNOC Launches Global LNG Trading Powerhouse

Explosion at Qatar's Ras Laffan LNG Hub Injures 54, Leaves 18 Missing

Current News

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

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