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Home International Customs

LNG tender from Australia’s Gorgon project signals early restart-trade

byCT Report
01/06/2017
in International Customs
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CANBERRA: Exxon Mobil seeks to sell a liquefied natural gas (LNG) cargo from Australia’s giant Gorgon export facility in June, raising the possibility of an early restart to the partly-idled plant, trade sources said. Exxon Mobil was offering to deliver the cargo in the second-half of June and bids were due by Wednesday, sources said.

The tender was being taken as a sign that Train 1, which was idled in mid-May, would return to production earlier than expected, traders said. Gorgon operator Chevron previously said Train 1 would remain offline until about June 15.

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