Skip to main content

PNG LNG seeking to sell six cargoes

Published by
LNG Industry,

According to Reuters, trade sources have reported that the Papua New Guinea LNG (PNG LNG) export project is looking to sell six LNG cargoes in a tender.

Reuters reports that the cargoes are for delivery between May and October 2017, with traders adding that these are likely to attract a significant amount of interest.

Customers of ExxonMobil’s 6.9 million tpy facility include Sinopec, CPC, Osaka Gas and Tokyo Electric Power Co.

One trade source reportedly said: “It's also a bearish sign that PNG is trying to sell so many ... it suggests expected demand from the plant's long-term customers in Japan, Taiwan and others is weak.”

Read the article online at:

You might also like

ABS approves GTT and Deltamarin tanker design

GTT and Deltamarin received an Approval in Principle for their new LNG-fuelled tanker design from the American Bureau of Shipping at the Gastech 2021 exhibition in Dubai.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

LNG export news