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Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a Refinitiv analyst and Refinitiv ship tracking data.
The LNG cargo is being transported by the BW Helios tanker, said Olumide Ajayi, senior LNG analyst at Refinitiv.
“The vessel which had been acting as a floating storage since it lifted the cargo in mid-September is currently on a term charter to British oil major BP and is due to arrive at state-owned Petronet’s Dahej terminal on November 28,” he said.
The BW Helios picked up the cargo of 132,000 cubic metres at the Tangguh LNG loading facility on Sept. 18, according to Refinitiv data, and has a discharge date of Nov. 28.
Ajayi added that the shipment was unusual as Indonesian LNG cargoes are typically exported to north Asia, and that India receives LNG cargoes from Qatar, Oman and the UAE.
Japan, China and Korea are key LNG consumers in north Asia, but high inventories and muted spot demand in the region have weighed on Asia spot LNG prices LNG-AS in recent weeks.
Operated by BP BP.L, the Tangguh LNG plant is in Indonesia’s West Papua province and began production in 2009. Its output capacity is 7.6 million tonnes of LNG per annum (mtpa) from two existing trains.
BP did not immediately respond to a request for comment.
A third train is expected to come on stream in March 2023, officials at Indonesian upstream regulator SKK Migas said in July, which will bring the plant’s total production capacity to 11.4 mtpa.
Train-3 however has faced several delays from an initial planned start in the third quarter of 2020 due to natural disasters delaying shipments of required construction material and COVID-19 restrictions.
Source: Reuters
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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
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- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
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- Indian Energy Exchange, India
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- Economic Council, Georgia
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- Coal and Oil Company - UAE
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- Metalloyd Limited - United Kingdom
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- Bangladesh Power Developement Board
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- Ministry of Finance - Indonesia
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- Rio Tinto Coal - Australia
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- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
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- Ministry of Transport, Egypt
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- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
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- Toyota Tsusho Corporation, Japan
- Planning Commission, India
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- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
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- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
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- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
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- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
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- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
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- Aditya Birla Group - India
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- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- SMC Global Power, Philippines
- White Energy Company Limited
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
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- Deloitte Consulting - India
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- Mercator Lines Limited - India
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- The University of Queensland
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- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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