Pertamina Looking to Sell Remaining LNG

Pertamina Looking to Sell Remaining LNG

Pertamina is reportedly aiming to sell a number of liquefied natural gas cargoes in July.

A source told Reuters that the company from Indonesia is currently in talks over exact loading dates and is seeking new buyers for LNG that the company has not sold yet.

Demand for LNG is weak at the moment and supply is readily available from various sources, with prices around $12.50 per mmBtu.

[mappress]
LNG World News Staff, June 13, 2014; Image: Pertamina

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