France receives first ever LNG cargoes from Indonesia and the United Arab Emirates

France is set to receive two first ever LNG cargoes from Indonesia and the United Arab Emirates (26/10/2022).

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The cargo from Indonesia is currently onboard the Hoegh Galleon while the cargo from Das Island is onboard the Ob River.

This is part of a growing trend of rare Pacific basin cargoes being exported into Northwest Europe on the back of record-high gas prices in the region.

Until now, most of the cargoes delivered into Europe was mainly from the Atlantic Basin and Qatar.

Only last week, the UK received a rare LNG cargo from Chile.

The Ob River cargo was likely sold to EDF or Total.

Source: Olumide Ajayi (LSEG)

LNG cargoes, LNG trade, Indonesian LNG, UAE LNG, Olumide Ajayi