LNG

Exmar, the Belgian shipping company with a fleet of more than 40 gas carriers and floating terminal expertise and assets, posted strong first-quarter 2024 earnings helped by the performance of LNG assets in the Netherlands and Africa as Exmar also worked on other FLNG ventures.

Moody’s Investors Service, the US credit rating agency, said that record high natural gas storage of almost 98 percent as of end November helped by LNG deliveries positions the European Union well to meet the needs of this winter season with very limited risks of energy shortages.

Oct 26 (LNGJ) - The first November LNG cargoes are heading for the UK and the Netherlands. The “Methane Patricia Camila” is scheduled to arrive on November 1 at the UK Dragon import terminal at the Welsh port of Milford Haven, according to shipping data. The vessel, which has 167,415 cubic metres of capacity, lifted the cargo on October 6 from the Pampa Melchorita plant in Peru.

   The “Woodside Rees Withers” with 173,400 cubic metres capacity is due to unload a US shipment on November 1 at the Dutch Gate terminal in Rotterdam. The cargo was lifted on October 19 from the Corpus Christi plant in Texas.

Sept 7 (LNGJ) - The Netherlands is scheduled to receive at least three LNG cargoes in the weeks ahead. The 174,000 cubic metres capacity “Gaslog Houston” is scheduled to deliver a shipment from Trinidad on September 12 to the Eemshaven floating LNG import hub in Groningen. The cargo was lifted on August 31 from the Caribbean nation’s Point Fortin export plant, according to shipping data.

   The “Grazyna Gesicka” carrier with 170,520 cubic metres capacity is due to discharge a US cargo on September 14 at the Gate terminal in Rotterdam. The cargo was lifted on August 31from the Cameron facility in Louisiana. The vessel “Adamasto” with 174,060 cubic metres capacity will unload a US cargo on September 20 at Eemshaven. The volumes were lifted on September 5 from the Corpus Christi plant in Texas.

Gasunie, the Dutch utility and owner of stakes in the Dutch Rotterdam and Eemshaven LNG import terminals and the onshore German regasification project  planned for Brunsbüttel, posted increases in first-half net profits and revenues as natural gas markets evolved after the ending of Russian pipeline flows.

June 14 (LNGJ) - The Netherlands can expect to receive at least three more LNG deliveries for the remainder of June amid rising natural gas prices with the day-ahead Dutch Title Transfer Facility spot price on the European Energy Exchange hitting the equivalent of $11.240 per million British thermal units. The “Sonangol Benguela” with 160,500 cubic metres of capacity is scheduled to discharge a cargo from Angola on June 19 at the Dutch Gate terminal in Rotterdam, according to shipping data. The cargo was lifted on June 4 from the southwest African nation’s plant at Soyo.

   The “Maran Gas Pericles” carrier, with 174,000 cubic metres capacity, was due to deliver a shipment on June 21 to the newest Dutch facility at Eemshaven in Groningen from the Sabine Pass plant in Louisiana and lifted on June 6. The Rotterdam terminal is due to receive a US cargo on June 24 on board the 176,300 cubic metres capacity “Rioja Knutsen” and lifted on June 9 from the Corpus Christi plant in Texas.

June 12 (LNGJ) - Three LNG cargoes are heading for Belgium and the Netherlands this week as the European LNG market price linked to the Dutch Title Transfer Facility benchmark rebounded to above $10 per million British thermal units. The “Al Deebel” with 143,000 cubic metres of capacity is scheduled to deliver a Qatari cargo on June 13 to the Belgian terminal at Zeebrugge and lifted at Ras Laffan in Qatar on May 25, according to shipping data.

   Two other deliveries are headed for the Netherlands. The Q-Flex carrier “Al Karaana” with 206,000 cubic metres of capacity is due to discharge a cargo on June 15 at the Dutch Gate terminal in Rotterdam and which was loaded in Qatar on May 26. The 173,000 cubic metres capacity vessel “Myrina” is scheduled to arrive on June 16 at the Dutch Eemshaven terminal with a US cargo from the Sabine Pass plant lifted on May 31 from the facility in Louisiana.

May 30 (LNGJ) - The Netherlands and the UK are scheduled to receive LNG deliveries over the next couple of days as natural gas benchmark prices continue to tumble. The Dutch Title Transfer Facility price was last at the equivalent of $7.850 per million British thermal units while the UK National Balancing Point price was quoted at $6.835 per MMBtu.

   The “Flex Constellation” with 173,400 cubic metres capacity is due to discharge a shipment on May 31 at the Dutch Eemshaven floating terminal. The cargo was lifted on May 18 from the Corpus Christi export plant in Texas, according to shipping data. The 216,200 cubic metres capacity Qatari Q-Flex vessel “Al Gharrafa” is scheduled to berth with a cargo on June 2 at the UK Dragon terminal at the port of Milford Haven. The volumes were lifted at Ras Laffan on May 14.

Belgian shipping company Exmar has reported on the progress of the liquefied natural gas barge for regasification deployed at Eemshaven in the Netherlands and advances made in the floating LNG production venture in the Republic of Congo.

Saverex, a holding company owned by Nicolas Saverys, the Chairman of Belgian shipping company and LNG player Exmar, said it intended
to launch a voluntary and conditional public takeover bid for Exmar and to take the company private.