CNOOC sells two QCLNG cargoes

China National Offshore Oil Corporation that holds a 50% equity in Train one at Queensland Curtis LNG facility has reportedly sold one cargo each to BG Group and BP. 

One of the cargoes is to be loaded in late October while the second cargo will be loaded in November, sources revealed to Reuters.

CNOOC has a deal in place with BG Group, the operator of the 8.5 mtpa facility, for the supply of 3.6 mtpa of liquefied natural gas for a period of 20 years.

BG Group commenced production from QCLNG’s train 1 in December last year while the first cargo from the train two was loaded in July.


LNG World News Staff; Image: BG Group