Osaka Gas to look to Europe to offload spare LNG cargoes
Published by Will Owen,
Editor
LNG Industry,
Reuters is reporting that Asian LNG sellers, such as Osaka Gas, are seeking alternative markets as the global LNG market hits multi-year lows.
These latest multi-year lows are the result of mild weather in Japan and a weaker Chinese economy.
According to industry sources, Osaka Gas is currently offering two LNG cargoes, for delivery into Europe, from the newly-commissioned Freeport LNG project. The delivery dates for the cargoes are between 5 – 13 July, and 9 – 17 November.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22012020/osaka-gas-to-look-to-europe-to-offload-spare-lng-cargoes/
You might also like
NextDecade provides updates for Rio Grande Train 4 and 5
NextDecade Corp. has finalised an EPC pricing contract refresh with for Train 4 and executed an EPC contract for the construction of Train 5 and related infrastructure with Bechtel Energy Inc. at the Rio Grande LNG facility.