BP, Repsol to Supply China With LNG Spot Cargoes This Month
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BP Plc and Repsol YPF SA may supply two spot cargoes of liquefied natural gas to China, the world’s biggest energy consumer, in January as cold weather and a growing economy spur demand, according to ship-tracking data.
Castillo de Santisteban, a 173,673 cubic-meter tanker, may reach Shanghai’s LNG terminal on Jan. 18, carrying a cargo from Peru’s Pampa Melchorita facility, according to AISLive on Bloomberg today. Repsol YPF has marketing rights for the cleaner-burning fuel from the 4.5 million ton-a-year facility, according to New York Energy Intelligence Group’s World LNG Review.