Nov 28 (LNGJ) - UK natural gas prices have steadily risen this month to above the level of last year’s elevated prices. As LNG demand remains at record levels in the UK and Continental Europe, the 177,000 cubic metres capacity vessel “LNG Sakura” is scheduled to discharge a cargo on November 30 at the UK South Hook import terminal at Milford Haven in Wales.
The vessel lifted the cargo on November 5 from the Sabine Pass plant in Louisiana, according to shipping data. The vessel's arrival coincides with a surge in UK wholesale natural gas prices for December to $34.85 million British thermal units compared with $31.65 per MMBtu exactly a year ago.
