Two UK cargoes due
April 18 (LNGJ) - The UK is scheduled to receive two LNG cargoes in the next week, one from Algeria at the Isle of Grain terminal on the Medway River in Kent and a second from the US at the South Hook terminal at the Port of Milford Haven.
The carrier “Ougarta” with 171,800 cubic metres capacity is scheduled to discharge a shipment on April 19 at the Isle of Grain facility, according to shipping data. The cargo was lifted from Algeria’s Arzew plant on April 15. The UK’s second cargo will be delivered on April 23 by the “GasLog Westminster”, which has 180,000 cubic metre of capacity, from the Sabine Pass plant in Louisiana. That shipment was loaded on April 11 at the Sabine facility owned by Cheniere Energy.
Eni supplies first commercial LNG cargo to fourth Italian import terminal at the Tuscan port of Piombino
Italian energy major Eni has delivered the first commercial liquefied natural gas shipment to the nation’s fourth import terminal at the Tuscan port of Piombino.
Asian LNG prices jump and US LNG futures are up 10 percent while UK attracts Algerian and Qatari cargoes
Liquefied natural gas liftings from global plants will be lower in the coming week as prices for Asia jumped 5 percent and US LNG derivatives increased by more than 10 percent amid a rebound in already high European natural benchmarks after they attracted timely LNG cargoes for the UK from Algeria and Qatar.
US and Algeria LNG
May 11 (LNGJ) - The 154,880 cubic metres capacity carrier “BW Pavilion Vanda” was unloading a cargo at the UK Isle of Grain LNG terminal on the Medway-Thames estuary southeast of London on May 11 from the US Corpus Christi plant in Texas. The arrival coincided with a surge in UK natural gas prices to their highest level of 2021. Another vessel, the 171,800 cubic metres capacity “Ougarta”, was also scheduled to berth with a shipment from the Arzew plant in Algeria, according to the port authorities.
The UK terminal, operated by National Grid plc, has Europe’s largest storage capacity of one million cubic metres. The two vessels arrived to discharge cargoes as the UK National Balancing Point benchmark price rose to the 2021 high, which was the equivalent of $9.05 per million British thermal units.
Algerian UK delivery
April 26 (LNGJ) - The 171,866 cubic metres capacity carrier “Ougarta” is scheduled to deliver an Algerian cargo on April 27 to the Isle of Grain LNG import terminal, operated by National Grid Plc on the estuary 45 miles southeast of London. The shipment, lifted on April 22 from the Arzew plant on the Mediterranean coast of Algeria, is arriving in the UK as the National Balancing Point (NBP) gas price fell to the equivalent of $7.05 per million British thermal units.
