LNG

Liquified Natural Gas
We are direct selling agents of LNG with reliable supply capacity from our numerous refineries.

 

Resource details below
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Product Details

LNG | Liquified Natural Gas

Liquefied natural gas (LNG) is natural gas, predominantly methane (CH4), with some mixture of ethane (C2H6), that has been cooled down to liquid form.

The cooling process brings the gas to approximately -162°C (or -260°F), which condenses it into a liquid. This process reduces the volume of the gas by about 600 times, making it much easier to store and transport.

LNG is generally sold with a discount to the price for the product using the S&P Global Price.

lng

LNG Process

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lng process

LNG Specifications

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Methane (CH4), with some mixture of ethane (C2H6)

Cooled to minus 160° C (minus 260° F)

Density: 410 to 500 kg/m3

ISO 1369, ISO 17278, GPGP (Gas Plant Global Practices)
USA, UAE, Qatar and Kazakhstan
Min Monthly Quantity: 100,000/Mt pm

Min Trial Quantity: 50,000/Mt

FOB Houston, Rotterdam or Fujiairah

CIF to approved Buyer Refinery port

FOB Port of Houston, Rotterdam or Fujiairah

CIF ASWP

FOB: Seller provides SGS Report and Buyer verifies documents.

CIF: At the discharge port, the buyer’s inspection team carries out CCIQ, SGS, or equivalent inspection to ascertain quality and quantity.

FOB: MT103 TT after injection

CIF: SBLC/LC and MT103 after arrival at discharge port

LNG Terms of Trade

Supply Agreements

When trading with us, you are securing an Agreement for our Refineries to supply, and inject your product at the loading port.

Product Price

Our price is determined by current market conditions and in line with the market price for ongoing supply agreements using S&P Platts price indexes.

Payment Terms

We act according to ICC responsible trade practice engaging bank to bank payment terms by 100% Letter of Credit LC (MT700) or SBLC and MT103 payment after injection.

Inspection

Quality, Quantity and Weight is final according to the SGS Report arranged by our chosen Refinery at the Loading Port.

Shipment Options

We use INCOTERMS 2020
Shipping terms: FOB and CIF where the seller fulfills its obligations with the buyer according to their choice.

Product Ownership

Once the transfer of payment is received we will issue the Certificate of Transfer of Ownership to the Buyer for each and every shipment.

LNG Logistics

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Port of Rotterdam

Oil & Gas Terminals

Port of Houston

USA Fuel Origin
Oil & Gas Terminals

Port of Fujiairah

Oil & Gas Terminals

Kazakhstan

Fuel Origin
Oil & Gas Terminals

Qatar

Fuel Origin
Oil & Gas Terminals

UAE

Fuel Origin
Oil & Gas Terminals

LNG Facts

Liquifaction

LNG is natural gas that has been cooled down to liquid form, reducing its volume by about 600 times.

Environment Friendly

One of the cleanest fossil fuels, LNG produces about 30% less carbon dioxide than oil and 40% less than coal.

Uses in Society

LNG can be used for a variety of applications, including power generation, heating, cooking, and as a fuel for vehicles.
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