Friday, September 22, 2017

CFE Awards 9-Cargo LNG Tender for Q4 Delivery

Posted by September 13, 2017

File Image: A typical LNG Carrier at Sea (CREDIT: MISC)

Mexico's state-run power utility CFE has picked Royal Dutch Shell (RYDAF) and most likely Cheniere Energy (LNG) to deliver nine liquefied natural gas (LNGLF) (LNG) cargoes in the fourth-quarter, trade sources said.
 
Traders said Shell won most of the tender, which was awarded on Tuesday, with shipments to be spread across October, November and December into the Altamira terminal on Mexico's Atlantic coast, traders said.
 

Some traders said Cheniere took a share of CFE's requirement.

 

Reporting by Oleg Vukmanovic 

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