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LNG tender from Australia's Gorgon project signals early restart-trade

Published 31/05/2017, 02:06 am
© Reuters.  LNG tender from Australia's Gorgon project signals early restart-trade
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LONDON, May 30 (Reuters) - Exxon Mobil (NYSE:XOM) seeks to sell a liquefied natural gas (LNG) cargo from Australia's giant Gorgon export facility in June, raising the possibility of an early restart to the partly-idled plant, trade sources said.

Exxon Mobil was offering to deliver the cargo in the second-half of June and bids were due by Wednesday, sources said.

The tender was being taken as a sign that Train 1, which was idled in mid-May, would return to production earlier than expected, traders said. operator Chevron (NYSE:CVX) previously said Train 1 would remain offline until about June 15.

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