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IRAN Energy News Agency
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel

NIOC, Pertamina to Discuss Renewing LPG Contract

The first 44,000 mt evenly split propane/butane parcel was delivered in October 2016.

The National Iranian Oil Company (NIOC) is due to discuss the renewal of its LPG export contract with Indonesia’s state-run Pertamina next week, Platts reported quoting a source familiar with the matter.

As reported, the parties will review volumes as well as price levels for 2018 exports.

Pertamina has had a contract with NIOC since May 2016 for a total 600,000 million tons (mt) of LPG to be delivered over 2016-2017 in 14 cargoes.

The first 44,000 mt evenly split propane/butane parcel was delivered in October 2016.

Pertamina, which has been receiving one or two cargoes a month, last took delivery of a 44,000 mt propane cargo on the VLGC Pertamina Gas 2 from Assaluyeh, shipping sources said.

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Parvin Faghfouri Azar
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NIOC, Pertamina to Discuss Renewing LPG Contract

The first 44,000 mt evenly split propane/butane parcel was delivered in October 2016.
Parvin Faghfouri Azar
The National Iranian Oil Company (NIOC) is due to discuss the renewal of its LPG export contract with Indonesia’s state-run Pertamina next week, Platts reported quoting a source familiar with the matter.As reported, the parties will review volumes as well as price levels for 2018 exports.Pertamina has had a contract with NIOC since May 2016 for a total 600,000 million tons (mt) of LPG to be delivered over 2016-2017 in 14 cargoes.The first 44,000 mt evenly split propane/butane parcel was delivered in October 2016.Pertamina, which has been receiving one or two cargoes a month, last took delivery of a 44,000 mt propane cargo on the VLGC Pertamina Gas 2 from Assaluyeh, shipping sources said.
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