LNG

China National Offshore Oil Corp. has received the first liquefied natural gas cargo, delivered from Qatar, to the giant Yancheng-Binhai Port import terminal with 10 storage tanks in eastern Jiangsu Province.

April 12 (LNGJ) - Three LNG cargoes from Qatar will be delivered to the UK for a second straight week. The 210,100 cubic metres capacity Q-Flex carrier “Onaiza” is scheduled berth on April 16 at the UK South Hook import terminal at Milford Haven in Wales on arrival from Ras Laffan in Qatar, according to the port authorities. The 216,000 cubic metres capacity vessel “Al Ghashamiya” will then discharge a cargo on April 18 at the terminal, followed by the arrival on April 19 of the 210,100 cubic metres capacity carrier “Murwab” to unload at South Hook.

   The latest shipments are scheduled as the UK National Balancing Point natural gas benchmark price is at the equivalent of $6.45 per million British thermal units, while the main Continental European price, the Dutch Title Transfer Facility (TTF), is higher at the equivalent of $6.60 per MMBtu.

June 22 (LNGJ) – The 261,700 cubic metres capacity Q-Flex carrier “Al Ghashamiya” is scheduled to unload a shipment on June 28 at the UK Dragon LNG import terminal in Milford Haven in Wales, the port authority said. The delivery was fixed as the UK National Balancing Point benchmark natural gas price was at the equivalent of $4.45 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was quoted at $4.80 per MMBtu.