Bulgaria’s Bulgargaz has launched three tenders for 0.5 bcm of LNG, to be delivered over the upcoming winter months, Platts said.

  • The tenders include delivery of one cargo per month between Oct-Feb. The size of each cargo is 3.4 TBtu.
  • The LNG will be delivered into the Alexandroupolis FSRU in Greece, with an option for delivery to a Turkish terminal at the buyer’s discretion.
  • The tender comes when LNG in the East Med is carrying a hefty premium over other European hubs, amid tight supply and risk premiums caused by conflicts in Russia-Ukraine and the Middle East.

 

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Source: S&P Global Commodity Insights

LNG: Bulgargaz Launches LNG Tender: Platts

Last updated at:Sep-02 12:02By: Lawrence Toye

Bulgaria’s Bulgargaz has launched three tenders for 0.5 bcm of LNG, to be delivered over the upcoming winter months, Platts said.

  • The tenders include delivery of one cargo per month between Oct-Feb. The size of each cargo is 3.4 TBtu.
  • The LNG will be delivered into the Alexandroupolis FSRU in Greece, with an option for delivery to a Turkish terminal at the buyer’s discretion.
  • The tender comes when LNG in the East Med is carrying a hefty premium over other European hubs, amid tight supply and risk premiums caused by conflicts in Russia-Ukraine and the Middle East.

 

content_image
Source: S&P Global Commodity Insights