CNOOC-ADNOC’s two-year LNG deal likely priced at discount to Platts JKM

The LNG contract signed by China National Offshore Oil Corp. (CNOOC) and Abu Dhabi National Oil Co. (ADNOC) earlier this month, for 12 cargoes with a delivery period of 2024-2025, was priced at a discount to Platts JKM, sources said Nov. 10. The contract was for 500,000 mt per annum for 2024-2025 at a discount to Platts JKM — the…The LNG contract signed by China National Offshore Oil Corp. (CNOOC) and Abu Dhabi National Oil Co. (ADNOC) earlier this month, for 12 cargoes with a delivery period of 2024-2025, was priced at a discount to Platts JKM, sources said Nov. 10. The contract was for 500,000 mt per annum for 2024-2025 at a discount to Platts JKM — the…  Read More