Bloomberg News

Taiwan May Receive Spot LNG Cargo in July, Ship Data Show

June 28, 2012

Taiwan may receive a spot cargo of liquefied natural gas from the Atlantic Ocean area in July, according to ship-tracking data.

LNG Ondo may reach the Yungan terminal in Taiwan on July 16, after earlier embarking from Nigeria, according to ship transmissions captured today by AISLive on Bloomberg.

Taiwan imported two spot cargoes of LNG in May, about 11 percent of its total purchases, from the Atlantic Ocean area, according to data from the Directorate General of Customs.

The country bought 124,274 metric tons of supplies from Nigeria at $924 a ton, equivalent to about $19 per million British thermal units, according to calculations based on customs data. Prices of the fuel for long- and short-term contracts averaged about $16 per million Btu.

To contact the reporter on this story: Dinakar Sethuraman in Singapore at dinakar@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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