LNG

Equinor, the Norwegian major and the UK’s Centrica, owner of the British Gas utility, have signed a deal for the delivery of more Norwegian pipeline natural gas over the next three winters and the accord will slightly lessen the need for more LNG deliveries to UK terminals.

Dec 14 (LNGJ) - The Malaysian-flagged LNG carrier “Seri Balqis” with 154,740 cubic metres of capacity was scheduled to berth on December 14 at the UK Isle of Grain import terminal, located southeast of London. The vessel was carrying a cargo from the US Freeport LNG export plant at Quintana Island in Texas and which was lifted on November 28.

Dec 28 (LNGJ) - The 165,000 cubic metres capacity carrier Marib Spirit will deliver the first LNG cargo of 2021 to the UK when it berths on January 1 at the South Hook import terminal at the port of Milford Haven in Wales. The vessel will discharge a shipment from the US Sabine Pass plant in Louisiana.

   The shipment was heading for the UK as winter season prices remained firm. The National Balancing Point benchmark was at the equivalent of $6.80 per million British thermal units while the continental European Dutch Title Transfer facility (TTF) price was lower at the equivalent of $6.30 per MMBtu.

Korea Gas Corp., the South Korean utility and owner of four LNG import terminals and worldwide volumes, said it signed an agreement to buy US LNG shipments from UK energy major BP.

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.