Noble Group signs first LNG term sales contract for Asia Pacific

Noble Group Ltd. has signed a contract to supply liquefied natural gas (LNG) cargoes to an end buyer in the Asia Pacific region. The term sales contract, which is Noble’s first in Asia Pacific, is on a Deliver Ex Ship basis and contains a commercial structure that is flexible and caters to the customer’s needs.

The LNG cargoes will be delivered by 2020 and will be sourced from Noble’s global supply portfolio, which includes multi-cargo, multi-year supply agreements and vessels chartered from the market. Noble’s first LNG cargo to the region was delivered to the Japanese market in January 2015, and this contract builds on Noble’s growing LNG business within the Asia Pacific basin.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...