Inpex Sells Ichthys LNG at Record Low

Jessica Jaganathan
Tuesday, April 28, 2020

Inpex sold a liquefied natural gas (LNG) cargo from Australia's Ichthys plant for loading in May at what traders say is a record low price.

Inpex had offered two cargoes for loading in May and has sold at least one of them at about $1.70 to $1.75 per million British thermal units (mmBtu), four traders said.

The cargo was sold on a delivered ex-ship (DES) basis, two of them said. Details of the buyer and the second cargo could not immediately be confirmed. 

(Reporting by Jessica Jaganathan; Editing by Christian Schmollinger)

Categories: Offshore Energy LNG Offshore Energy Industry News Activity Australia/NZ

Related Stories

Glenfarne, ConocoPhillips Ink Alaska LNG Gas Supply Deal

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Current News

Weatherford Wins Deepwater Completions Contract off Nigeria

QatarEnergy, ExxonMobil Explore Cyprus Gas Exports via Egypt’s Infrastructure

EnerMech Teams Up with Optilift for Smart Offshore Crane Ops

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

Subscribe for OE Digital E‑News