August 30, 2016 / 11:42 AM / 3 years ago

Papua New Guinea LNG export plant launches cargo tender -traders

MILAN, Aug 30 (Reuters) - Papua New Guinea’s liquefied natural gas (LNG) export plant is holding a tender to sell a cargo loading in late September, trade sources said.

Bids for the tender, launched on Monday, are due on Wednesday, one source said.

The Exxon Mobil operated project sold a cargo last week to Tokyo Electric Power Company as part of a separate tender, at a price pegged at $5.40 per million British thermal units (mmBtu), sources said. (Reporting by Oleg Vukmanovic; editing by David Clarke)

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