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LNG: China’s Donnguan Energy Buys Prompt LNG Cargo: Platts

LNG
Energy BulletsBulletPower BulletsCommodities

China’s second tier natural gas buyer Donnguan Energy unloaded a prompt cargo at Yuedong LNG terminal in Guangdong Sep. 11, Platts said.

  • This is the company’s first spot cargo purchase in 2024, marking a resumption in buying following a hiatus since 2021 due to international market fluctuations.
  • The 8.3k mt cargo was transported by the Lucia Ambition LNG tanker and its arrival was delayed by Typhoon Yagi. The Lucia Ambition mainly transports LNG for PetroChina and Petronas.
  • The cargo traded for around high-$12s/MMBtu.
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China’s second tier natural gas buyer Donnguan Energy unloaded a prompt cargo at Yuedong LNG terminal in Guangdong Sep. 11, Platts said.

  • This is the company’s first spot cargo purchase in 2024, marking a resumption in buying following a hiatus since 2021 due to international market fluctuations.
  • The 8.3k mt cargo was transported by the Lucia Ambition LNG tanker and its arrival was delayed by Typhoon Yagi. The Lucia Ambition mainly transports LNG for PetroChina and Petronas.
  • The cargo traded for around high-$12s/MMBtu.