Free Trial

Vitol Sold LNG Cargo to BP via MOC Window

LNG

Vitol has sold an LNG cargo to BP for 30-31 May delivery to China via S&P’s MOC platform, traders told Bloomberg.

  • The cargo traded at a $0.05/mmbtu premium to the JKM June contract.
    • JKM May 24 down 2.1% at 10.68$/mmbtu
    • JKM-TTF May 24 up 0.7$/mmbtu at 1.15$/mmbtu
46 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.

Vitol has sold an LNG cargo to BP for 30-31 May delivery to China via S&P’s MOC platform, traders told Bloomberg.

  • The cargo traded at a $0.05/mmbtu premium to the JKM June contract.
    • JKM May 24 down 2.1% at 10.68$/mmbtu
    • JKM-TTF May 24 up 0.7$/mmbtu at 1.15$/mmbtu