Bid & Tender
ENOC Announces Tender for 4 LNG Cargoes for India

Date : Mar 12, 2019

Emirates National Oil Company (ENOC) has announced a tender to buy four cargoes of liquefied natural gas (LNG) for delivery to India from April to July, two trade sources said.

 

ENOC has no reported equity or term contracts with LNG terminals in India but has previously purchased cargoes for India.

 

LNG prices in India, which are usually below northeast Asian prices, are at a smaller discount this year due to lower-than-expected demand in northeast Asia, one LNG trader said.