PNG LNG seeking to sell six cargoes
Published by David Rowlands,
Editor
LNG Industry,
Reuters reports that the cargoes are for delivery between May and October 2017, with traders adding that these are likely to attract a significant amount of interest.
Customers of ExxonMobil’s 6.9 million tpy facility include Sinopec, CPC, Osaka Gas and Tokyo Electric Power Co.
One trade source reportedly said: “It's also a bearish sign that PNG is trying to sell so many ... it suggests expected demand from the plant's long-term customers in Japan, Taiwan and others is weak.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22022017/png-lng-seeking-to-sell-six-cargoes/
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