Marine Link
Monday, October 24, 2016

Australia's NWS awards LNG Cargoes to Shell, Statoil

August 8, 2014

Australia's North West Shelf liquefied natural gas (LNG) export project awarded at least one cargo each to Shell and Norway's Statoil following a tender, sources with knowledge of the matter said.

The sell tender for four cargoes loading in October and November was launched last week. Early indications suggested that other companies might also have won shipments.

The transaction value was around $12 per million British thermal units on a free-on-board basis, one trader said.

Reporting by Oleg Vukmanovic

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News