Argentina awards most of LNG tender to Trafigura
2/13/2017
MILAN (Reuters) -- Argentina's state-run energy company Enarsa awarded most of its LNG purchase tender for a portion of its 2017 needs to trading house Trafigura, trade sources said.
 |
| Photo Courtesy of Excelerate Energy. |
Under the tender launched in January seeking 16 cargoes, Trafigura will supply 11, while rival trader Glencore and US producer Cheniere will provide three and two shipments, respectively, the sources said.
Supplies are for delivery between April and August.
Transaction levels fetched a premium to gas prices at the UK's National Balancing Point trading hub, varying in size depending on which of Argentina's terminals cargoes the gas would be delivered to, they said.
Reporting by Oleg Vukmanovic; editing by Jason Neely
Sign up to Receive Our Newsletter
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
Comments