Jordan Taps Shell for LNG Supply Tender

Jordan has awarded half of its four-year, up to 78-cargo liquefied natural gas (LNGLF) (LNG) buy tender to Royal Dutch Shell (RYDAF) which will cover deliveries in 2016 and 2017, overlooking commodity traders for the business, trade sources said.

Two traders said Shell had clinched the first two years of supply under the tender, but it was not clear whether Jordan has awarded deliveries for 2018 and 2019 or if this will be re-tendered at a later date.

A trader involved in the tender said all participating trading houses had received regret letters from Jordan's National Electric Power Company following the tender's award this weekend.

Reporting by Oleg Vukmanovic