SKK Migas seeks overseas buyers for 5 Bontang LNG cargoes
Friday, July 4 2014 - 12:38 AM WIB
Upstream oil and gas authority SKK Migas is seeking for overseas buyers for five cargoes of uncontracted LNG from Bontang, Bisnis Indonesia reported on Friday.
The paper quoted Acting Chief of SKK Migas J. Widjonarko as saying that the number of uncontracted LNG cargoes from Bontang unabsorbed by the domestic market previously totaled 23.
?But 18 cargoes have obtained buyers including British Petroleum Trading, leaving five cargoes unabsorbed,? he said.
He added that the 18 cargoes fetched relatively good price at US$13 per mmbtu. (*)