Pertamina finds buyers for 10.5 LNG cargoes

By Febry silaban

State owned oil and gas firm PT Pertamina (Persero) has managed to sell 10.5 uncommitted cargoes of LNG from the Bontang LNG plant on spot market overseas.

?This year, there will be 22 uncommitted cargoes of LNG from Bontang, 10.5 cargoes of which have been sold,? an industry source told Petromindo.com without providing details about the buyers and the prices.

However, the source said shipment of some cargoes to one buyer because could not be carried out due to problems related to L/C requirement.

Editing by Johannes Simbolon