Japanese buyers pay premium for October cargoes

Written by  Anja Karl
Friday, 22 August 2014
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Aug 22 (LNGJ) - The results of Australia's North West Shelf LNG tender for cargoes loading in September, October and November indicate "a steep contango building into the traditionally high-demand winter season," analysts said.

This prompted some buyers in Japan to purchase cargoes for October at prices significantly above levels around $10.70/MMBtu seen in September.

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