Supply & Demand

Petronas-produced LNG cargo sold via CQPGX arrives at Rudong

An LNG cargo produced by Petronas and sold last month on the CQPGX arrived from Malaysia at PetroChina’s terminal in Rudong.
By Staff reporter 26 October 2018 0 33075

An LNG cargo produced by Petronas and sold last month on the Chongqing Petroleum and Gas Exchange (CQPGX) arrived from Malaysia at PetroChina’s terminal in Rudong in Jiangsu province on Thursday, the Chongqing Daily reported on Friday.

The vessel was carrying 65,696 tons of LNG, which was sold for $10.5/MMBtu.

It was the first sale of overseas gas on the CQPGX since it opened for trading on 26 April.

A Petronas spokesperson previously confirmed to Interfax Natural Gas Daily that the company...