Free Trial

Bangladesh Cancels Four June LNG Cargoes

LNG

Bangladesh’s state buyer Rupantarita Prakritik Gas has cancelled two tenders totalling four LNG cargoes for June delivery, traders told Bloomberg.

  • This follows a major storm which damaged its FSRU, Summit LNG, after a floating object hit the vessel several times.
  • The Summit LNG is expected to sail to a shipyard for repairs and will return as soon as possible.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.