Indian Oil Corp Seeks LNG Cargo for February Delivery

Indian Oil Corp Seeks LNG Cargo for February Delivery

Indian Oil Corporation (IOC) is seeking a liquefied natural gas (LNG) cargo for delivery in February 13, two sources told Reuters.

The sources added that the refiner is seeking the cargo for delivery on a delivered ex-ship (DES) basis in a tender that closes on January 13.

The sources noted that the company bought last cargo for February 21 delivery at a cost of $13 per million British thermal units (mmBtu) and did not award another cargo for February 8.

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Fatma Ahmed 2046 Posts

Fatma Ahmed is a staff writer with six years’ experience in Journalism. She is working in the field of oil and gas for four years. She also worked in the field of economic journalism for 2 years. Fatma has a Bachelor Degree in Mass Communication.

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