China Sinopec Tenders to Sell Up to 45 LNG Cargoes for 2022

Wednesday, January 19, 2022

China's Sinopec Corp has issued a tender to sell up to 45 cargoes of liquefied natural gas for 2022 deliveries, in a rare sell tender of the super-chilled fuel to take advantage of high Asian spot prices, said traders who were invited to bid.

Under the tender, Sinopec offered two to five cargoes each month between February and October on a delivered ex-ship basis.

Prices will be linked either to Europe's Title Transfer Facility pricing or North Asian benchmark Japan Korean Marker.

The tender closes on January 21 with bids valid by 1000 GMT.


(Reporting by Chen Aizhu, Editing by Louise Heavens)

Categories: Tankers LNG China Gas Carriers

Related Stories

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

Saipem Nets $4B for Work at Qatar’s Giant Gas Field

Korea's Hanhwa Sets Out Plan for Full Takeover of Singapore's Dyna-Mac

ADNOC Signs 15-Year LNG Supply Deal with Indian Oil

Santos Pens Mid-Term LNG Supply Deal

New Partner Joins Timor-Leste Offshore Gas Development

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

CNOOC Posts Record Interim Profit

Current News

Offshore Service Vessels: What’s in Store in 2025

ABS Approves Hanwha Ocean’s FPSO Design

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Transocean’s Drillship to Stay in India Under New $111M Deal

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Sunda Energy, Timor-Leste Gov Plan Accelerated Chuditch Gas Development

RINA to Conduct Pre-FEED Study for Petronas’ CCS Project in Malaysia

TotalEnergies Wraps Up Acquisition of SapuraOMV’s Gas Assets

Kuwaiti Oil and Gas Firm Exploring More Opportunities in Indonesia's Natuna Sea

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