LNG

The North Sea Transition Authority (NSTA), the UK Government agency for oil and natural gas, has expressed concern about the slow pace of North Sea development plans that may mean more future demand for liquefied national gas, pipeline gas and oil imports for the UK to avert an energy crisis.

Europe’s largest liquefied natural gas import terminal, the UK’s Isle of Grain facility on the Medway River in Kent, has launched an auction for 9 million tonnes per annum of existing capacity.

Sept 28 (LNGJ) – LNG cargoes are heading for ports in the UK and the Netherlands. The 174,000 cubic metres vessel “LNG Enterprise” is scheduled to unload a US shipment on September 29 at the UK Isle of Grain terminal, operated by National Grid, and located southeast of London on the Medway River estuary. The cargo was lifted from Cameron LNG in Louisiana on September 15, according to shipping data.

   An LNG cargo from the Sabine Pass plant in Louisiana, lifted on September 13, is scheduled for delivery on September 29 to the Dutch Gate terminal in Rotterdam onboard the 177,000 cubic metres capacity carrier “LNG Rosenrot”.

April 12 (LNGJ) - The 73,990 Med-Class LNG carrier “Cheikh El Mokrani” is scheduled to deliver an Algerian cargo on April 12 to the UK Isle of Grain import terminal operated by National Grid plc on the Medway River, about 45 miles (72km) southeast of London. The cargo was lifted on April 6 from the Skikda plant on the North African nation’s Mediterranean Coast.

June 7 (LNGJ) - The Russian LNG carrier “Georgiy Ushakov”, with 172,000 cubic metres of capacity, is scheduled to arrive with a cargo on June 8 at the UK Isle of Grain LNG terminal on the Medway-Thames estuary southeast of London from the Yamal plant in northern Siberia. A second carrier, the 171,800 cubic metres capacity “Tessala”, is due at Grain LNG on the same day from the Algerian export plant at Arzew on the Mediterranean coast.

June 1 (LNGJ) - The “Nikolay Yevgenov” with 172,000 cubic metres of capacity was delivering a Russian cargo on June 1 to the Isle of Grain LNG import terminal, operated by National Grid Plc, on the Medway-Thames estuary 45 miles southeast of London. The shipment, lifted on May 22 from the Yamal plant in northern Siberia, is arriving in the UK as the National Balancing Point (NBP) natural gas price was at the equivalent of $8.90 per million British thermal units. The Dutch Title Transfer (TTF)) price for Continental Europe was at the equivalent of $9.00 per MMBtu.

Demand for liquefied natural gas shipments from liquefaction plants in the Atlantic and Pacific Basins remained at reasonable levels as cargo liftings edged higher and North Asia spot prices increased again along with European gas values.