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LNG Weekly Tender Summary:

LNG

Turkey’s BOTAS issued a tender for two December cargoes, one H1 and the other H2 Dec. The tender closes Nov. 9.

  • Korea Midland Power bought one cargo DES Korea Dec. 21-22 at a discount to JKM.
  • Total won a tender to supply Bangladesh’s Rupantarita Prakritik Gas with one cargo Dec. 12-13 delivery at $16.34/MMBtu.
  • Thailand’s PTT bought less than three cargoes for Dec-Jan deliveries at around $16/MMBtu via a tender which closed Nov. 1.
  • India saw several buy tenders in the past week. Gail was looking to buy a DES Dabhol cargo for Dec. 21-30 delivery via a tender closing Nov. 8.
  • Gail also bought a cargo for January delivery as part of a swap tender closing Nov. 7. This tender swapped a FOB Sabine Pass cargo for January loading in the deal.
  • Elsewhere in India, Indian Oil bought a DES Ennore cargo via tender for Nov. 10-23 delivery at around $15.60/MMBtu, Bloomberg said.
  • India’s BPCL also a purchased a DES Dahej cargo for late-November delivery via tender for around $16/mmbtu.
  • Looking at suppliers, Australia’s Darwin LNG offered a FOB loading Nov. 10-13 or DES basis November cargo. The cargo volume is 34-44k cu m and the tender closes Nov. 10.
  • Exxon’s Papua New Guinea LNG offered one cargo for Dec. 15-17 delivery to North Asia or FOB loading Dec. 3 via a Nov. 8 tender. It also sold a cargo via an Oct. 31 tender for North Asia delivery Dec. 6-8.
  • Oman LNG also offered a Nov. 26-28 loading cargo via a tender which closed Nov. 8.

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