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.