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

Final Pluto Train 2 Modules for Scarborough Gas Project Arrive to Australia

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Denmark Issues Offshore Wind Permit

Current News

China’s CNOOC Brings Bohai Sea Oil Field On Stream

Jan De Nul Nets Export Cables Installation Job for French Floating Wind Farms

Shearwater to Proceed with 4D Survey for Petrobras in Campos Basin

Equinor Comes Up Dry Offshore Norway

Subscribe for OE Digital E‑News