Tangguh revises price for CNOOC

摘要

Indonesia has doubled the price of the product from Tangguh LNG bound for China National Offshore Oil Corporation (CNOOC), Reuters reports. Starting from July 2014, Tangguh will sell its cargo at a free-on-board price of $8 per million British thermal units (mmBtu), up from $3.30. The new pricing mechanism will apply until 2034.