May 3 (LNGJ) - Qatar is delivering a Q-Max LNG cargo to the UK with prices in Europe rising on colder weather and storage demands. The 261,137 cubic metres capacity carrier “Mekaines” is scheduled to arrive from Ras Laffan in Qatar on May 9 with a shipment for the South Hook facility in the Welsh port of Milford Haven, according to the port authorities.
The latest shipment is scheduled as the UK National Balancing Point natural gas benchmark price and the main Continental European price, the Dutch Title Transfer Facility (TTF), are both at seasonal highs. The UK NBP was quoted at the equivalent of $8.30 per million British thermal units and the Dutch TTF was at the equivalent of $8.20 per MMBtu.
