LNG

May 24 (LNGJ) - Two LNG carriers are heading for the UK at the end of May as the National Balancing Point natural gas price dropped to a nine-month low at the equivalent of $17.00 per million British thermal units. The NBP had previously been just above that level on August 30, 2021.

   The 135,100 cubic metres capacity vessel “Bilbao Knutsen” is scheduled to discharge a cargo on May 30 at the UK Dragon terminal in the port of Milford Haven, according to shipping data. The shipment was lifted on April 20 from the Pampa Melchorita plant on the Pacific Coast of Peru. The 211,885 cubic metres capacity Q-Flex carrier “Al Kharsaah” is scheduled to deliver a shipment on May 31 to the South Hook terminal in Milford Haven. That cargo was lifted on May 9 from Qatar’s Ras Laffan export plant in the Arabian Gulf.

July 6 (LNGJ) - European LNG price indicators were still edging higher but were not moving much up above the $2.00 per million British thermal units level and remained weak overall. The UK’s National Balancing Point natural gas price was at the equivalent of $1.90 per MMBtu while the main Continental European benchmark price, the Dutch Title Transfer Facility, was higher at the equivalent of $2.00 per MMBtu. In continuing deliveries, the 210,100 cubic metres capacity vessel “Onaiza” is scheduled to arrive with a cargo on July 13 at the UK South Hook terminal in Milford Haven from Ras Laffan in Qatar.