LNG

Dec 18 (LNGJ) - The UK is scheduled to receive at least three LNG cargoes in the coming week from Trinidad, Norway and the US Gulf Coast. The “Bilbao Knutsen” with 135,000 cubic metres capacity is scheduled to discharge a cargo from Trinidad on December 22 at the UK Dragon import terminal at the Port of Milford Haven. The cargo was loaded on November 21 at the Caribbean nation’s Point Fortin facility, according to shipping data.

   The “Arctic Princess” with 147,835 cubic metres capacity is due to deliver a cargo to the Dragon terminal on December 25 from the Hammerfest plant in northern Norway. The shipment was lifted on December 17 from the Norwegian facility. A second cargo is due for delivery to Milford Haven on December 25 at the South Hook terminal on board the “Traiano Knutsen” with 180,000 cubic metres capacity. That shipment was loaded on December 3 at Sempra’s Cameron plant in Louisiana.

US energy engineering company McDermott has received a limited notice to proceed for an engineering, procurement, construction and installation (EPCI) contract from Shell for the Manatee natural gas field development project offshore the East Coast of Trinidad and Tobago with supplies destined for LNG production and domestic gas supplies.

The US Department of Energy published its latest LNG export data with the Netherlands, Italy, France and Spain along with South Korea and Japan being the main destinations while prices for that period remained moderate and averaged just over $6 per million British thermal units.

The US Department of Energy has published its latest LNG export data showing that Germany has for the first time entered the monthly list for being a top five recipient of US shipments, though most of the cargoes delivered to Germany were relatively expensive ones.

Latin American and Caribbean nations imported more LNG during the first quarter and there was also a surge in cargo re-loads in Europe as well as quarterly and March exports from global liquefaction plants.

March 13 (LNGJ) - The UK was scheduled to receive an LNG cargo at the end of the week from the Caribbean nation of Trinidad and Tobago as UK and European natural gas wholesale and LNG prices rebounded to one-month highs as cooler weather hit Europe. The UK National Balancing Point price rose to the equivalent of $16.100 per million British thermal units.

   The vessel “Maran Gas Agamemnon” with 174,000 cubic metres capacity was due to discharge a cargo on March 19 at the Dragon LNG import terminal at the port of Milford Haven, according to shipping data. The cargo was lifted on March 7 from the Point Fortin export plant in Trinidad.

Trinidad and Tobago, which used to be the main LNG supplier to the US before the shale-gas boom in the late 2000s, said it would begin formal talks in March with Venezuela for joint development of the offshore Dragón gas field that will help boost the Caribbean island nation’s LNG export capability.

Trinidad and Tobago said the Caribbean nation would be opening formal talks with Venezuela following a US go-ahead to jointly develop a natural gas field that could help boost and safeguard LNG production from Trinidad’s Point Fortin LNG export plant.

New Fortress Energy, the developer of LNG production, regasification and electricity projects and with a small shipping fleet, said its Genera subsidiary was selected by Puerto Rico to manage the US Caribbean territory’s power generation system.

The US Department of Energy has published its latest LNG monthly export data showing the Netherlands, South Korea, France, Spain and the UK receiving the most cargoes and the most expensive shipments departing from a Louisiana plant at the highest price from the export point so far in 2022.