Petronas buys Australian spot LNG after domestic outage
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that Malaysia’s Petronas purchased a spot LNG cargo from the Australia Pacific export plant to replace lost output from a domestic project hit by a partial outage.
Petronas paid somewhere in the high US$11 per mmBtu level for an AP LNG cargo loading on 4 February.
Output from the state-run company’s Bintulu export plant was curtailed last week after one of three pipelines supplying the project burst, prompting shipment delays, but the company has not declared a force majeure.
Read the article online at: https://www.lngindustry.com/liquefaction/22012018/petronas-buys-australian-spot-lng-after-domestic-outage/
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