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LNG Weekly Tender Summary:

LNG

In Africa, Angola LNG offered a January delivery cargo DES South America, Europe, Middle East, and South Asia, as far east as Pakistan, according to Bloomberg sources. The tender closed Dec. 13.

  • In the Middle East, Oman LNG is selling two cargoes for H2 Jan DES Asia, Bloomberg said.
  • ADNOC sold up to two January FOB cargoes at around $12/MMBtu via the Dec. 7 tender, according to Bloomberg sources.
  • Among Asia’s buyers, Kyushu bought one cargo DES Japan for Jan. 9-13 via a tender closing last week, sources told Bloomberg. The tender was awarded at mid-to-high $14/mmbtu.
  • PTT bought three DES cargoes for Jan and Feb deliveries, according to Bloomberg. The tender closed Dec. 12 and the cargoes were awarded in the $12/mmbtu range, the traders told Bloomberg.
  • In India, Gail is looking for a Jan cargo into Dabhol via a sell tender closing Dec. 15. Meanwhile Indian Oil was also seeking a DES Enmore cargo via a tender closing today. Gujarat State Petroleum bought one DES cargo for January at around $11/MMbtu via a Dec. 12 tender.
  • In Latin America, Colombia has seen a recent uptick in tender activity, with Calamari LNG looking for two partial cargoes for January delivery via a tender closing Dec. 14. Glencore was awarded at least one of the three cargoes for December delivery issued via two previous tenders.
  • Calamari LNG spot buying is up due to lower rainfall, sources told Bloomberg.

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