US LNG for UK
Sept 29 (LNGJ) - The 145,000 cubic metres liquefied natural carrier “Methane Lydon Volney” was discharging a US cargo on September 29 at the Isle of Grain import terminal on the Medway-Thames estuary, southeast of London. The vessel carrying a cargo lifted from the Sabine Pass plant in Louisiana docked after the UK National Balancing Point benchmark natural gas price hit a seasonal record on September 28.
Qatari May cargoes
April 28 (LNGJ) - Qatar is delivering the first two LNG cargoes to the UK in May. The 261,700 cubic metres capacity carrier “Lijmiliya” is scheduled to arrive in the UK from Ras Laffan on May 1 with a shipment for the South Hook facility in the Welsh port of Milford Haven, according to the port authorities. Another Qatari carrier, the 266,000 cubic metres capacity vessel, the “Al Dafna”, is due to berth at South Hook on May 5.
The latest shipments are scheduled as the UK National Balancing Point natural gas benchmark price and the main Continental European price, the Dutch Title Transfer Facility (TTF), are both at seasonal highs. Both prices were quoted at the equivalent of $7.60 per million British thermal units.
US LNG exports increase along with feed-gas supply to plants as natural gas and LNG indictors steady
US LNG exports increased to seven shipments in the past week while feed-gas supplies to liquefaction and export plants also rose as natural gas prices and LNG indicators edged higher or were steady.
UK Qatari imports
June 4 (LNGJ) - Two Qatari Q-Flex carriers with 210,000 cubic metres capacity are scheduled to deliver shipments to the UK South Hook terminal at Milford Haven in the next week. The vessel “Al Saad” will discharge its cargo on June 8 and the carrier “Al Nuaman” will berth on June 10.
The cargoes are headed for the UK as the nation’s National Balancing Point natural gas price begins to rise from record lows. It was last at the equivalent of $1.55 per million British thermal units. The Continental European benchmark gas price, the Dutch Title Transfer Facility, was higher at the equivalent of $1.75 per MMBtu.
US oil price collapse was just for physical barrels as Brent unaffected but LNG drops on glut
The collapse of US oil prices into negative territory affected only physical barrels of West Texas Intermediate (WTI) crude for May delivery and was not a general oil price crash. The global benchmark North Sea Brent crude prices is largely unaffected, nor are future WTI prices.
