LNG

July 5 (LNGJ) – Russian and US cargoes are still pointing at Europe as the natural gas benchmark price, the Dutch Title Transfer Facility (TTF), is at record 2021 levels for the Northern Hemisphere summer season. The 177,000 cubic metres capacity carrier “Boris Vilkitsky” is expected to deliver a cargo on July 8 to the Montoir-de-Bretagne import terminal on the Atlantic Coast of France from the Yamal plant in northern Siberia operated by Novatek, according to shipping data.

   Among other cargoes for Europe, the 154,880 cubic metres capacity vessel “BW Pavilion Vanda” is scheduled to deliver a US shipment on July 19 to Poland’s import terminal at the Baltic port of Swinoujście from the Corpus Christi export plant in Texas. The cargoes were heading for Europe as the Dutch TTF hit the equivalent of $12.45 per million British thermal units while the UK National Balancing Point natural gas price was around $12.30 per MMBtu.