According to Reuters, Exxon Mobil’s Papua New Guinea LNG export facility is currently offering a cargo for delivery in September.
The cargo will reportedly available for delivery to Japan, Taiwan, South Korea, or China, and the tender will close on 8 August with bids to remain valid until 9 August.
This cargo is expected to provide some relief to the spot market at a time when demand from Japan and South Korea has been above normal levels. The recent and ongoing warm temperatures have been cited as the primary cause.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07082018/png-lng-offers-september-cargo/