UK has Angola and Nigeria as well as Qatar competing with US and Russian LNG volumes
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.
Q-Flex LNG cargo for UK
Nov 7 (LNGJ) - The 216,000 cubic metres capacity Q-Flex carrier “Al Thumama” will deliver a cargo on November 21 to the UK South Hook import terminal at Milford Haven in Wales from Ras Laffan 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 $7.90 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at around $7.95 per MMBtu.
