China’s Unipec awards major buy tender for LNG cargoes with JKM cash premiums
September 19, 2023 Comments Off
Unipec, a trading arm of Chinese national oil company Sinopec, purchased at least 23 LNG cargoes via a major buy tender that closed on Sept. 15, with winter volumes heard secured at average cash premiums of 10-30 cents/MMBtu to the corresponding JKM pricing periods, according to multiple industry sources. The sources told S&P Global Commodity Insights that Unipec had secured…
China’s Unipec awards major buy tender for LNG cargoes with JKM cash premiums
Unipec, a trading arm of Chinese national oil company Sinopec, purchased at least 23 LNG cargoes via a major buy tender that closed on Sept. 15, with winter volumes heard secured at average cash premiums of 10-30 cents/MMBtu to the corresponding JKM pricing periods, according to multiple industry sources. The sources told S&P Global Commodity Insights that Unipec had secured…
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