Shell 2021 cargo tender
April 14 (LNGJ) - Shell Eastern Trading Pte Ltd, the Singapore-based trading unit of Royal Dutch Shell, has offered LNG cargoes for loading from 2021 onwards for a period of at least five years through a tender, according to executives.
The firm has apparently issued a five-year strip tender offering four cargoes a year from 2021 onwards with an option to extend for another five years. The Shell tender closes on May 18 and the volumes would likely come from Australia, where Shell owns the Queensland Curtis LNG plant and Prelude FLNG as well as having offtake from several other Australian projects.
Commonwealth LNG of US and Gunvor sign firm LNG marketing and supply agreement
The Commonwealth LNG project in the US, a liquefaction and exports plant proposed for the west side of the Calcasieu Ship Channel near Johnson Bayou in Louisiana, has widened its LNG cooperation agreement with global commodities firm Gunvor.
LNG spot cargo values rise across board with late North Asia prices at $7.25 per MMBtu
Spot LNG cargo prices sprung into life after weeks of drift with December averages for North Asia breaking the $6.800 per million British thermal units level and with January 2020 shipments to China, Korea and Japan priced at around US$7.250 per MMBtu.
