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LNG Tenders Weekly Summary:

LNG

China’s Unipec purchased at least 23 cargoes via a buy tender closing Sep. 15 at an average cash premium of 10-30 cents/MMBtu to the corresponding JKM pricing periods, according to Platts.

  • Angola LNG released a sell tender for one cargo on a DES basis with delivery windows from Oct.-Nov and closing date Sep. 27, according to Bloomberg sources. Delivery is as far as Southeast Asia.
  • Bangladesh’s Rupantarita Prakritik Gas issued a buy tender closing Sep. 24 for a DES cargo for Oct. 11-12 delivery, according to Bloomberg sources.
  • Petronas sold a cargo DES North Asia for H1 November delivery via a tender which closed Sep. 21, according to Bloomberg sources. The cargo will load from the Gladstone export facility in Australia.
  • Kuwait Petroleum issued a buy tender for one DES cargo for Nov. delivery, according to Bloomberg sources. The tender closed Sept. 21
  • India’s Gujarat State Petroleum. didn’t buy a cargo for October delivery via a tender which closed Sep. 21, according to Bloomberg sources.
  • Gail issued a buy tender for one cargo DES basis Dabhol for Oct. 19-31 delivery, according to Bloomberg sources. The tender closed Sep. 21.
  • ConocoPhillips sold an LNG cargo for Dec. 2-3 loading from the Australia Pacific export project via a tender that closed Sept. 19, according to Bloomberg sources.
  • Indian Oil bought a DES Dahej basis for H2 Oct via a tender which closed Sep. 18, according to Bloomberg sources.
  • Torrent Power purchased a DES Dahej cargo for Oct. delivery at around $12.70/mmbtu, via a tender which closed Sept. 15, according to Bloomberg sources.
  • Gail bought a DES basis Dahej cargo for Oct. 1-10 delivery at the mid-$12/mmbtu level via a tender which closed Sep. 14, according to Bloomberg sources.

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