LNG

Gas Infrastructure Europe (GIE), the association representing the interests of European Union gas infrastructure operators in gas transmission, storage and liquefied natural gas, said the flow of LNG to European terminals hit its lowest since December 2021.

The GIE, which is based in Brussels and represents 70 member companies from 26 countries, provided the information from its gas grid data.

LNG supplies from the main terminals in the EU in nations such as Belgium, France, the Netherlands, Spain, Italy, Portugal and Germany plunged in May 2024.

The decline in regasified LNG flowing into gas grids dropped by a quarter to around 6.75 million tonnes.

Regasified LNG flows were also down by 13 percent compard with April 2024.

Total LNG supplies from terminals to Europe’s gas pipeline system was also lower in the January to May period 2024.

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The decreased regasified LNG volumes were logged even as the EU had more terminals in operation as floating facilities came on line in Italy and Germany.

The total for the year to date though May fell by 10 percent compared with the first five months of last year to reached around 37.5MT.

Another body in the EU, the European Network of Transmission System Operators for Gas (ENTSOG), said that by the end of May the share of LNG was still the largest among sources of gas supply to Europe in 2024, standing at 32 percent.

Thus compared the 28 percent of gas provided from the Norwegian Continental Shelf and another 18 percent that came from gas storage facilities.

Other sources of gas received in Europe included 10 percent recived by pipleines from Algeria.

The Algerian volumes were delivered directly to Spain or via Tunisia to Italy by way of Sicily.

The share of gas supplies from Russia and volumes via Ukraine came to 9.5 percent.

Another 2.5 percent of European gas volumes originated from the UK North Sea.

The US remained the largest supplier of LNG to import terminals in EU and the UK followed by Qatar.

May 30 (LNGJ) - The UK is due to receive an LNG delivery next week from Qatar as prices on the UK National Balancing Point virtual natural gas market were at around $10.40 per million British thermal units.

   The Greek-flagged carrier “Maran Gas Leto” with 174,200 cubic metres capacity is scheduled to deliver a cargo from Qatar that was lifted on April 29 from the Ras Laffan export terminal in the Arabian Gulf. Shipping data shows that the vessel was now scheduled to arrive on June 4 at the South Hook terminal at Milford Haven in Wales after a voyage via the Spanish island of Tenerife.

May 21 (LNGJ) - UK LNG deliveries are slowly gathering pace with a cargo scheduled this week at the Dragon LNG import terminal at the Port of Milford Haven as prices increase. The UK National Balancing Point market price was last at the equivalent of $9.730 per million British thermal units.

   The vessel “Hellas Athina” with 173,400 cubic metre of capacity is scheduled to discharge a shipment at the Dragon facility on May 25. The cargo was lifted on May 12 from the Freeport export plant on the Gulf Coast of Texas.

May 15 (LNGJ) - UK LNG deliveries have slowed markedly in the past month but a cargo is now scheduled for May 21 at the South Hook LNG import terminal at the Port of Milford Haven.

   The vessel “GasLog Westminster” with 180,000 cubic metre of capacity is scheduled to discharge a shipment at the terminal that was lifted on May 9 from the Calcasieu Pass export plant in Louisiana.

May 9 (LNGJ) – The UK is scheduled to receive its first May delivery of liquefied natural gas at the South Hook import terminal at the port of Milford Haven in Wales.

   The delivery will come from Qatar onboard the tanker “Aamira”, a Q-Max vessel with 260,910 cubic metres of capacity and scheduled to berth on May 10, according to shipping data. The cargo was lifted at the QatarEnergy export plant at Ras Laffan in the Arabian Gulf on April 6 and the ship had travelled around South Africa to the UK.

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.

European natural gas prices and Asian spot LNG cargo values moved higher on April 15 in early market activity after the weekend drone and ballistic missile attacks on Israel by Iran further unsettled energy markets.

April 11 (LNG) - The UK is scheduled to receive a second cargo in the next week from Qatar. The Qatari Q-Max carrier “Al Dafna” with 262,000 cubic metres capacity is scheduled to berth at the UK South Hook terminal on April 16 after lifting a cargo on March 13 from the Ras Laffan plant in the Arabian Gulf and sailing round the southern tip of Africa to deliver it.

   The “Tangguh Palung” with 154,800 cubic metres capacity is scheduled to discharge a cargo on April 13 at South Hook, according to shipping data. That shipment was loaded on March 15 at QatarEnergy’s Ras Laffan export terminal.

April 4 (LNGJ) - The UK is scheduled to receive its first April liquefied natural gas cargo from the US next week at the Dragon import terminal at the Port of Milford Haven in Wales.

   The vessel “Seapeak Arwa” with 165,500 cubic metres capacity is scheduled to discharge the US shipment on April 10 at the Dragon facility, according to shipping data. The cargo was lifted on March 28 from the Cameron LNG plant in Louisiana operated by Sempra.

March 18 (LNGJ) - The UK is resuming more regular LNG imports on March 24 after a brief pause as the UK National Balancing Point market price increases to the equivalent of around $8.755 per million British thermal units.

   The carrier “Kool Blizzard” with 154,950 cubic metres capacity is scheduled to discharge a US shipment on March 24 at the South Hook import terminal at the Welsh Port of Milford Haven, according to shipping data. The cargo was lifted on March 13 from the Cove Point plant in Maryland.