MNI BRIEF: China To Step Up Trade Bloc Negotiations

MNI BRIEF:Monpol Alone Can't Mitigate Global Tensions-ECB Knot

MNI BRIEF: Yuan's Global Payment Share Falls Again In October

MNI: PBOC Net Injects CNY141.9 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1934 Thurs; -0.93% Y/Y

CHINA PBOC CONDUCTS CNY470.1 BLN VIA 7-DAY REVERSE REPOS THURS

MNI: FRANCE NOV MANUF SENTIMENT AT 97

MNI: UK OCT PSNCR GBP11.13 BN

EZ/UK Bond Supply Calendar: Spain, France Auction; UK Tender

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Nigeria’s NNPC Expands LNG Supply to Japan & China

LNG
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletPower BulletsBank of Japan (BOJ) Market News

Nigeria’s NNPC has begun exporting LNG cargoes to Japan and China, according to Bloomberg.

  • Two of the company’s units – NNPC LNG and NNPC Shipping - delivered the first DES LNG cargo from Grazyna Gesicka vessel at Futtsu, Japan, on June 27, NNPC told Bloomberg.
  • They have also been delivering cargoes to China, also on a DES basis, Bloomberg added.
  • Platts reported earlier that WAF LNG cargoes are increasingly finding outlets in Europe, despite favourable arbitrage economics to Asia. This is due to shipping constrains.
85 words

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.

Nigeria’s NNPC has begun exporting LNG cargoes to Japan and China, according to Bloomberg.

  • Two of the company’s units – NNPC LNG and NNPC Shipping - delivered the first DES LNG cargo from Grazyna Gesicka vessel at Futtsu, Japan, on June 27, NNPC told Bloomberg.
  • They have also been delivering cargoes to China, also on a DES basis, Bloomberg added.
  • Platts reported earlier that WAF LNG cargoes are increasingly finding outlets in Europe, despite favourable arbitrage economics to Asia. This is due to shipping constrains.