April 24, 2018 / 8:28 AM / 5 months ago

Exxon Mobil offers Papua New Guinea LNG cargo for May delivery to N.Asia: traders

SINGAPORE (Reuters) - U.S. energy major Exxon Mobil has offered a liquefied natural gas (LNG) cargo from its recently restarted Papua New Guinea plant for delivery into the Japan, Korea, Taiwan (JKT) region in May, two traders with knowledge of the matter said.

A logo of Exxon Mobil is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017. REUTERS/Lucas Jackson

Exxon Mobil has offered the cargo on a delivered ex-ship (DES) basis, they said on Tuesday, asking not to be identified.

Bids are due on April 25 and are valid until April 27. The cargo will be delivered on the Kumul LNG tanker, one of the traders said.

The PNG LNG plant was recently restarted after a major earthquake triggered a shutdown in February.

Reporting by Jessica Jaganathan; Editing by Tom Hogue

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