SINGAPORE Nov 30 Indonesia's Tangguh LNG
project has invited market participants to bid for 2017-2019
The Indonesian firm is offering between eight and 10
liquefied natural gas (LNG) cargoes per year, two trading
sources with direct knowledge of the invitation said.
Bids are due on Dec. 5, the sources said, adding buyers were
not obligated to bid for all the supplies and could selectively
bid for any number of cargoes.
Indonesia is oversupplied with the super-cooled fuel, and
had 63 uncommitted cargoes of LNG for 2017 delivery from
Indonesia's Tangguh and Bontang projects, Wiratmaja Puja, the
country's Director General of Oil and Gas, said in October.
(Reporting by Mark Tay; Editing by Mark Potter)