Russia's Sakhalin II LNG plant offers spot price and oil price-linked cargos
1/30/2018
LONDON, Reuters) - Russia’s Sakhalin II liquefied natural gas (LNG) export plant is seeking to sell a total of eight cargoes split between two tranches from May 2018 to March 2019, trade sources said
Four cargoes under the first tranche will be individually offered for May, September, October and February, with pricing to be linked to S&P Global Platts’ Japan Korea Marker (JKM™) spot LNG price assessment benchmark, they said
Four cargoes in the second tranche, offered in May, July, October and March, will be linked to oil prices, they added
The tender closes on Feb. 9, one of the traders said
(Reporting by Oleg Vukmanovic; Editing by Adrian Croft. Image by S&P Platts)
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