LNG

Europe’s largest liquefied natural gas import terminal, the UK Isle of Grain facility located southeast of London, handled its highest ever send-out of natural gas in a single day on November 13.

Imports of liquefied natural gas to the UK in March are at their highest levels since October 2015, helping benchmark National Balancing Point prices to decline to an 18-month low at around the equivalent of $5.00 per million British thermal units.