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Trafigura to deliver two LNG cargoes to IOC

 

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LNG Industry,

According to Reuters, the commodity house, Trafigura, has said that it will supply two LNG cargoes to Indian Oil Corp. One cargo will be delivered in October 2015, and the other will be delivered November 2015.

This follows IOC’s recent annoucement that it would not enter any long-term fixed-price contracts for LNG, seeking greater flexibility with the pricing.

Edited from various sources by David Rowlands