A total of 953,064 metric tonnes of liquefied natural gas valued at N163.7billion ($355.96million) has been ferried out of Onne Port between August and September, 2020. The products were ferried by 14 vessels to different destinations in Europe and Asia where the demand is high.
The cargoes left the port at a time China had decided to cut LNG imports in the third quarter due to sluggish demand and fall in LNG spot prices in Asian markets. It was gathered that the China’s comprehensive import price index for liquefied natural gas rose to 2,647 yuan ($373.5) per tonne, last month…
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