Aug 31 (LNGJ) - Two early September cargoes are headed for the UK as European LNG price indicators improve. The 261,700 cubic metres capacity Q-Max carrier “Lijmilya” is scheduled to unload a cargo on September 2 at the South Hook terminal at Milford Haven in Wales from Ras Laffan in Qatar. The 210,100 cubic metres capacity Q-Flex carrier “Al Sadd” will discharge a Qatargas shipment on September 5 at the South Hook facility.
US cargoes are pointing at Spanish import terminals. The 161,880 cubic metres capacity “BW Pavilion Vanda” will deliver a shipment on September 15 to Sagunto in southeast Spain from Cameron LNG in Louisiana. The UK’s National Balancing Point natural gas price was at the equivalent of $3.85 per MMBtu while the main Continental European benchmark price, the Dutch Title Transfer Facility, was slightly higher at the equivalent of $3.90 per MMBtu.
