LNG

May 22 (LNGJ) - The 210,000 cubic metres capacity Q-Flex carrier “Onaiza” is scheduled to unload a shipment on May 27 at the UK South Hook terminal at Milford Haven in Wales from the Ras Laffan plant in Qatar, according to port authorities. The delivery was headed for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $3.75 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 around $4.15 per MMBtu.

May 16 (LNGJ) - The 261,700 cubic metres capacity Q-Max carrier “Al Ghuwairiya” is scheduled to unload a shipment on May 4 at the UK South Hook terminal at Milford Haven in Wales from the Ras Laffan plant in Qatar, according to port authorities. The delivery was headed for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $4.10 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was lower at the equivalent of around $4.05 per MMBtu.

The Dutch Title Transfer Facility natural gas price has strengthened its position as the main continental European day-ahead and month-ahead gas trading instrument, widening its lead over the UK National Balancing Point price and with both prices followed in volume terms by German and Italian virtual hubs.

Natural gas trading through London in the popular European Dutch TTF, rose by 34.17 percent in March compared with a year ago while trading in the day-ahead UK benchmark NBP was down by 7.42 percent year-on-year.

The Dutch TTF and UK NBP prices are also the main indicators used when pricing Atlantic Basin LNG cargo trades.

Germany’s two day-ahead trading hubs were among the next three in volume terms, though separated by Italy, while the French PEG hub came sixth in the volumes list.

The Dutch TTF logged 2,723,912,634 megawatt hours of over-the-counter bilateral and cleared monthly trades, a rise of 12.61 percent over February 2019 and a 37.14 percent increase year-on-year from March 2018, according to the figures from the London Energy Brokers’ Association.

The London body is the industry association representing the UK Financial Conduct Authority-regulated wholesale market brokers in the OTC and exchange-traded European energy markets.

Figures also showed that the average day-ahead Dutch TTF price was 15.69 euros per megawatt hour ($5.17 per million British thermal units equivalent) in March 2019 versus 23.23 euros per MWh in March 2018, a price fall of 32.46 percent.

The UK NBP had 616,189,691 megawatt hours of bilateral and cleared OTC trades in March, a month-on-month rise of 17.17 percent, though the number was down 7.42 percent compared with March 2018.

The average NBP day-ahead price was 39.48 pence per therm ($5.15 per MMBtu) compared with 63.15 pence per therm in March 2018, a drop of 37.48 percent.

The other March OTC trading totals logged by London for European natural gas were:

NetConnect Germany (NCG) virtual trading point day-ahead volume 188,367,429 MWh; Italian Punto di Scambio Virtuale (PSV) 179,156,300 MWh; German Gaspool 120,795,08 MWh; France PEG 64,808,928 MWh; Austrian VTP 63,791,943 MWh; and Zeebrugge Hub 51,548,595 MWh.

The other European day-ahead gas hubs traded 26,502,029 MWh of contracts.

Feb 1 (LNGJ) - Calor, the UK’s leading provider of liquified natural gas for fuel stations, has further enhanced its refuelling network for natural gas-powered trucks by upgrading its Aust LNG facility, near the southwest city of Bristol. As part of the Severn View motorway auto-stop area for the services company Moto, the Aust facility is located off the M48 motorway by the Severn River Crossing.

   Calor said it is a vital refuelling stop for LNG-fuelled vehicles using the M4 corridor to travel to London or elsewhere in the UK, and has been upgraded to consider the requirements of mono-fuelled trucks. “As part of this upgrade, the new system uses ‘zero loss’ cooling technology to keep LNG within the storage tank at the ideal temperature and pressure for refuelling vehicles,” said Calor. “Similar work has been carried out at Moto’s Donington Park, Lymm and Grantham service stations, to add to Calor’s growing LNG infrastructure of six public refuelling facilities,” the UK company added.

   Mark Gilks, Transport Specialist at Calor, explained that demand for LNG continues to grow in the haulage industry, especially for long-haul vehicles and Calor continues to invest in its LNG refuelling network, which is the largest in the UK. “Leading truck manufacturers are predicting that, by the early 2020s, vehicles powered by natural gas could account for 20 percent of all HGVs sold.,” said Gilks. “This growing market share highlights the obvious benefits of choosing LNG to power long-haul HGVs now and into the future,” he stated.

Jan 28 (LNGJ) - The 210,000 cubic metres capacity Q-Flex vessel “Al Oraiq” will unload a shipment on February 4 at the UK Milford Haven terminal in Wales from the Ras Laffan plant in Qatar, according to shipping data. The delivery was heading for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $7.40 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was lower at the equivalent of around $6.95 per MMBtu.

Jan 21 (LNGJ) - The 173,400 cubic metres capacity carrier “Patris” will deliver a cargo on January 23 to the UK South Hook import terminal at Milford Haven in Wales from Zeebrugge in Belgium, 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 $7.85 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was lower at around $7.55 per MMBtu.

Jan 15 (LNGJ) - The 210,100 cubic metres capacity Q-Flex carrier “Al Ghariya” will deliver a cargo on January 19 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 $7.40 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was lower at around $7.27 per MMBtu.

Dec 24 (LNGJ) - The 165,500 cubic metres capacity carrier “Magellan Spirit” will deliver a cargo on December 29 to the UK South Hook import terminal at Milford Haven in Wales from the US Sabine Pass plant in Louisiana and lifted on December 16, according to shipping data. The delivery was heading for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $8.40 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was lower at around $8.30 per MMBtu.

Nov 28 (LNGJ) - The 162,400 cubic metres capacity carrier “BW Paris” is scheduled to deliver a cargo on December 5 to the UK Dragon LNG terminal in Milford Haven, owned by Royal Dutch Shell and Petronas of Malaysia, from the US Sabine Pass plant in Louisiana, according to the port authority. The delivery was heading for the UK as the nation’s National Balancing Point benchmark natural gas price was at the equivalent of $8.30 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was slightly higher at the equivalent of $8.35 per MMBtu.

Nov 26 (LNGJ) - The 174,000 cubic metres capacity carrier “Maran Gas Spetses” is scheduled to deliver a cargo on December 1 to the UK Dragon LNG terminal in Milford Haven, owned by Royal Dutch Shell and Petronas of Malaysia, from the US Sabine Pass plant in Louisiana, according to the port authority. The delivery was heading for the UK as the nation’s National Balancing Point benchmark natural gas price was at the equivalent of $8.50 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was slightly lower at the equivalent of $8.25 per MMBtu.