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PNG LNG launches tender to sell a single cargo

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LNG Industry,

According to Reuters, ExxonMobil’s Papua New Guinea LNG (PNG LNG) facility has launched a tender to sell a single cargo in late September 2016.

Reuters claims that one trade source said that bids for the tender are due on 31 August 2016.

Reuters also claims that the project recently sold another cargo to Tokyo Electric Power Co. This was part of a separate tender, and was sold at a price pegged at US$5.40/million Btu.

Edited from various sources by David Rowlands

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