LNG: Most expensive cargo supply received

The most expensive supply of Liquefied Natural Gas (LNG) cargoes has been received.

According to reports, the most expensive bids have been received for the supply of two LNG cargoes. The bids were invited for delivery from November 19 to 20 and November 26 to 27.

The minimum bid for November 19-20 was 29 29.89 per Metric Million British Thermal Unit (MMBTU) and the lowest bid for November 26-27 was 30 30.65 per MMBTU, the statement said.

According to the statement, bids for LNG cargo were made by Vital Bahrain and Qatar Petroleum. Sources have stated:

“The board will decide whether to buy Liquified Natural Gas cargo or not.”

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