LNG

Jan 11 (LNGJ) - The UK is scheduled to receive at least two US LNG cargoes in the coming week. The carrier “Tenergy” with 170,500 cubic metres capacity will deliver a shipment on January 13 to the UK Dragon terminal at the Port of Milford Haven in Wales, according to shipping data. The cargo was lifted on December 26 from the Corpus Christi export facility in Texas.

   A second delivery is due on January 15 at the South Hook import terminal at Milford Haven. The volumes will be discharged on January 15 from the vessel “Maran Gas Ulysses”, which has capacity of 174,000 cubic metres. The cargo was loaded on December 31 at the Sabine Pass plant in Louisiana.

June 19 (LNGJ) – Two cargoes are heading for the UK and the Netherlands this week. The UK is scheduled to receive a Qatari delivery on June 23 when the 261,990 cubic metres capacity Q-Max carrier “Shagra” berths at the South Hook facility at the port of Milford Haven.

   The Dutch Gate LNG terminal in Rotterdam is due to receive a US shipment on June 24. The 176,300 cubic metres capacity vessel “Rioja Knutsen” lifted the cargo on June 9 from the Corpus Christi facility in Texas.

March 2 (LNGJ) - The UK is scheduled to receive three more LNG cargoes in the next week at the port of Milford Haven. The 155,900 cubic metres capacity vessel “Wilforce” is due to discharge a US cargo at the South Hook terminal on March 3 from the Sabine Pass plant in Louisiana.

   The carrier “Kool Boreas” with 170,200 cubic metres capacity is scheduled to deliver an Egyptian shipment on March 7 to the Dragon terminal at the Welsh port, according to shipping data. The cargo was lifted on February 26 from the Idku plant located east of the Egyptian port Alexandria. A third Milford Haven cargo will arrive at South Hook on March 9 from Sabine Pass on board the 170,800 cubic metres capacity carrier “Global Sea Spirit”.

Dec 23 (LNGJ) – A cargo of LNG is heading for the UK port of Milford Haven from the US Atlantic Coast. The 140,100 cubic metres capacity vessel “Arctic Voyager” is scheduled to discharge a shipment on December 29 at the UK South Hook terminal from the Cove Point export plant in the US state of Maryland, according to the port authorities.

June 15 (LNGJ) - The 206,950 cubic metres capacity Q-Flex carrier “Al Aamriya” is scheduled to deliver a shipment on June 20 to the UK Dragon import terminal at Milford Haven in Wales from the Qatari export plant at Ras Laffan in the Gulf, according to the port authorities.

June 4 (LNGJ) - Two Qatari Q-Flex carriers with 210,000 cubic metres capacity are scheduled to deliver shipments to the UK South Hook terminal at Milford Haven in the next week. The vessel “Al Saad” will discharge its cargo on June 8 and the carrier “Al Nuaman” will berth on June 10.

The cargoes are headed for the UK as the nation’s National Balancing Point natural gas price begins to rise from record lows. It was last at the equivalent of $1.55 per million British thermal units. The Continental European benchmark gas price, the Dutch Title Transfer Facility, was higher at the equivalent of $1.75 per MMBtu.

Oil prices dropped again as concerns grew about limited capacity to store crude and other products, while LNG and spot natural gas prices were weak on continued over-supply on expectations of a slow global economic recovery.

National Grid of the UK said its Isle of Grain import terminal on the Medway River southeast of London sent out more regasified LNG last month than any other facility in Northwest Europe.

The Grain LNG terminal operator said that market conditions and a robust UK benchmark National Balancing Point natural gas price led to a record performance for December 2018.

“This is a stark contrast to December 2017, when the terminal only delivered gas above minimum send out on two occasions,” said Grain LNG.

“This winter, the UK has proved to be a strong market for LNG sellers looking to home excess LNG resulting from various supply projects coming on line,” said the company.

Grain LNG is currently the only UK terminal capable of accepting the full range of global LNG due to its extensive nitrogen processing plant.

“The UK has a more stringent Wobbe limit than most of Europe but plans are underway to relax this, which should lead to a significant reduction in costs as well as ensuring LNG is able to enter any of the UK terminals,” said the UK operator.

Other UK terminals have also seen increased activity, with both terminals in Milford Haven in Wales, the South Hook facility and the Dragon terminal, accepting many cargoes.

“We are delighted to see such high utilisation at our terminal and proud of our consistent performance and ability to deliver our customer nominations after a long period of low activity,” said Simon Culkin, the Grain LNG terminal manager.

The UK terminal noted that during 2018 a total of 26 million tonnes of additional LNG production hit the market and shipping charter rates reached a record high.

“These two factors resulted in traders delivering more LNG than expected to Europe as the differential available between European and Asian prices did not justify the additional shipping costs,” explained Grain LNG.

“The gas price in the UK remained steadfast and as utilisation at the Grain terminal rose it is expected that variable costs on a per unit basis would have decreased significantly as the terminal typically operates more efficiently at higher send-out as per the design basis,” it added.

Dec 3 (LNGJ) - The 217,000 cubic metres capacity Q-Flex carrier “Al Huwaila” will deliver a cargo on December 8 to the UK South Hook import terminal at Milford Haven in Wales from Ras Laffan in Qatar, according to the port authority. The delivery was heading for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $8.10 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at around $8.20 per MMBtu.

Nov 5 (LNGJ) - The 174,000 cubic metres capacity carrier “Pan Europe” is scheduled to deliver a US cargo on November 8 to the UK Dragon LNG import terminal at Milford Haven in Wales, owned by Royal Dutch Shell and Petronas of Malaysia, according to the port authority. The carrier lifted its cargo on October 19 from the Sabine Pass export plant in Louisiana. The delivery was heading for the UK as the nation’s National Balancing Point benchmark natural gas price was at the equivalent of $7.95 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at the equivalent of $8.10 per MMBtu.