Markets

Taiwan's CPC buys April LNG cargo and seeks another for May

Published March 2, 2018 Updated March 2, 2018 01:00pm

The company paid higher than market rates for the April cargo, one of the traders said, though the exact price levels could not immediately be confirmed.

CPC is one of the long-term buyers of ExxonMobil Corp's Papua New Guinea LNG project, which has been shut since a powerful earthquake on Monday forcing Exxon to declare a force majeure.

 

Copyright Reuters, 2018