Markets

Indonesia's Bontang LNG plant tenders to sell 3 cargoes

Published January 23, 2015 Updated January 23, 2015 08:47pm

1 min

By Shoaib Ur Rehman

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LONDON/MILAN: Indonesia's Bontang liquefied natural gas (LNG) plant has tendered to sell three cargoes, three traders said on Friday. The deadline for offers was January 21, the traders said, although they were unsure of when the result would be decided.

The Bontang plant processes LNG from the gas fields in the Mahakam River delta in East Kalimantan, Indonesia's main gas-producing region.

The plant is jointly operated by Pertamina, Vico Indonesia, France's Total and an Indonesian subsidiary of Japan's Sumitomo Corp and Sojitz Corp.

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