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

Russia Shipping Oil to North Korea Above UN Mandated Levels

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Strategic Marine Delivers Crewboat for Truth Maritime Services

Saipem Loads Out Three Topsides for QatarEnergy LNG’s North Field Gas Project

AG&P LNG Grabs Stake in $500M LNG Terminal in South Vietnam

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Quick Connect: OAL Subsea Pipeline Completed

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

QatarEnergy and Petronet Sign 20-Year LNG Supply Deal for India

Current News

Optimizing Cathodic Protection Survey Using Non-contact Sensors

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

CNOOC Starts Production at Gas Field in Bohai Sea

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Unique Group Acquires Subsea Innovation

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

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