According to the latest Reuters report, a tender for four LNG cargoes, launched by India’s Torrent Power, has been awarded with a price average of US$3.50 – 3.70 per million Btu.
The price spread between the delivery dates (April, June, October, December) is reported to have been significant. For example, the price of the April cargo is estimated to have been US$3.10 per million Btu.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/04022020/indian-lng-tender-prices-average-less-than-us-4-dollars-per-million-btu/
Sempra Infrastructure has entered into a long-term sale and purchase agreement with ENGIE S.A. for the supply of LNG from Phase 1 of its proposed Port Arthur LNG project under development in Jefferson County, Texas.
