LNG

March 25 (LNGJ) - The UK is scheduled to receive a US LNG cargo on March 27 as prices remain solid at the end of the winter season at around the equivalent of $8.720 per million British thermal units on the National Balancing Point market. Spot natural gas prices on the European Energy Exchange also rose. The Dutch TTF day-ahead spot price was at the equivalent of $8.740 per MMBtu.

   The cargo heading for the UK South Hook terminal in Milford Haven in Wales is onboard the vessel “Lech Kaczynski” with 174,000 cubic metres capacity. The shipment was loaded on March 13 at the Cameron export plant in Louisiana.

Polish Oil and Gas Company has signed a charter contract for four more LNG carriers and they will be placed into service to operate for the company’s trading unit as the Poles increase their marketing activities.