- Gunvor Partners with Celsius Tankers
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Gunvor partners with Celsius tankers and Arclight on new LNG tanker order | Hellenic Shipping News Worldwide
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- Commonwealth LNG, in association with
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Commonwealth LNG Launches Tender for LNG Offtake
January 18, 2021 GMT
HOUSTON, NEW YORK & SINGAPORE (BUSINESS WIRE) Jan 18, 2021
Commonwealth LNG, in association with Gunvor Group (“Gunvor”), announced today the launch of a formal process to solicit bids to reserve offtake from its planned 8.4 million tons per annum (MTPA) LNG facility in Cameron, Louisiana. It is the first ever tender process in which prospective LNG customers can secure future term supply at volumes, pricing and durations of their choosing through competitive bidding. LNG will be made available under tolling, free on board (FOB) or delivered at place (DAP) offtake agreements to match customer preferences. Commonwealth officials say that a different approach is warranted following changes in the energy market resulting from the global pandemic.