Tuesday, November 5, 2024

Isle Of Grain News

Britain to Receive Rare LNG Cargo from Australia

Britain is set to receive a rare shipment of liquefied natural gas (LNG) from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.European nations are seeking to diversify energy supplies following Russia's invasion of…

Britain's Isle of Grain Set to Receive Yamal Cargo

Britain's Isle of Grain port is set to receive liquefied natural gas tanker Eduard Toll on Oct. 28, Refinitiv Eikon shipping data showed on Monday.The tanker, with a capacity of 172,000 cubic metres, is travelling from Russia's arctic Yamal LNG facility.Reporting by Sabina Zawadzki

Centrica, Tokyo Gas Break Mold in Mozambique LNG Deal

Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers in their respective markets.The deal also brings Anadarko one step closer to constructing its East African LNG project

U.S.-bound LNG Tanker with Russian LNG Diverted

A liquefied natural gas (LNG) tanker probably carrying some supply from a Russian export project has been diverted from the United States, ship-tracking data shows. Engie's Gaselys LNG tanker was diverted on Friday from the Everett terminal in Boston, Massachusetts, where gas prices have tapered off since spiking during a cold snap.

US Could Get First LNG Import from Russia despite Sanctions

Christopher De Margerie (Photo: SCF Group)

A vessel that may be carrying liquefied natural gas from Russia's new Yamal LNG export terminal could be heading to the United States despite sanctions against the company that operates the Russian facility, according to a report by S&P Global Platts and Thomson Reuters shipping data. The tanker Chris.

Asian LNG Spot Prices Jump on Chinese, Japanese Demand

Asian LNG spot prices jumped this week on strong demand from core importing countries including China and Japan. Spot prices <LNG-AS> for February delivery leapt 70 cents to $11.20 per million British thermal units (mmBtu). Malaysia's Petronas sold a January cargo to Japanese trading giant JERA an estimated $11 per mmBtu…

Asian LNG Spot Prices Jump after European Gas Outages

© Wojciech Wrzesień / Adobe Stock

Asian liquefied natural gas (LNG) spot prices jumped this week in reaction to volatile price spikes on European gas markets and ongoing demand from the region's major consumers. Spot prices for January delivery hit $10.50 per mmBtu, 40 cents above last week, with February prices seeing similar levels.

UK GAS-Spot Price Dives on Oversupply

Norwegian imports rise, Bacton Seal terminal to ramp up; supply creates comfortable outlook. British wholesale gas prices for instant delivery fell more than 10 percent on Monday due to new liquefied natural gas (LNG) shipments and higher Norwegian exports. Gas for day…

Two LNG Cargo Exports Planned from Dutch Terminal at End-July

Two liquefied natural gas (LNG) cargoes are to be exported from the Gate terminal in the Netherlands at the end of the month, trade sources with knowledge of the matter said. German utility RWE has purchased one of the cargoes while Austrian-based Econgas has set up the other, the sources said.

Two LNG Cargo Exports Planned From Dutch Terminal at end-July

Two liquefied natural gas (LNG) cargoes are to be exported from the Gate terminal in the Netherlands at the end of the month, trade sources with knowledge of the matter said. German utility RWE has purchased one of the cargoes while Austrian-based Econgas has set up the other, the sources said.

Global LNG Prices Hold Steady, Eastern Demand Muted

Asian spot liquefied natural gas (LNG) prices for June delivery were steady this week as demand from end users remained subdued, traders said. The price of Asian spot cargoes was unchanged from the previous week at $7.40 per million British thermal units (mmBtu). "There's not an awful lot of end user demand…

LNG Tanker Diverted from Britain to N. America

A liquefied natural gas (LNG) delivery bound for Britain may have been diverted on Wednesday towards North America, according to live ship-tracking data on Reuters Eikon. The GDF Suez Point Fortin tanker was initially due to unload its Algerian cargo in Britain's Isle of Grain terminal on May 6-7.

LNG Tanker Due in UK Around May 6

Britain's Isle of Grain liquefied natural gas (LNG) import terminal is set to receive the GDF Suez Point Fortin tanker on around May 6, live ship-tracking data on Reuters Eikon shows. The 154,200 cubic metre capacity vessel is currently off the Portuguese coast and is listed as inbound for the Isle of Grain.

Thatcher's Secret Weapon in Miners' Strike Shuts, Ending an Era

Littlebrook power station, which towers grimly over the lower Thames near Dartford in Kent, ceases operations today after almost 35 years, the last of Britain's big oil-fired power plants to close. Littlebrook is an unlikely symbol of modern Britain. But the power plant…

Asia LNG Prices Lower on Piecemeal Demand

Asian spot liquefied natural gas prices slipped on Friday as disappointing demand weighed on the market, traders said. The price of spot LNG for May delivery eased to $7.50 per million British thermal units (mmBtu) from $7.70 last week. Thomson Reuters Point Carbon analysts…

RWE to Close Oil-fired Power Plant

Utility RWE said it would close a 1,140 megawatt oil-fired power station in Kent, southern England at the end of March 2015, among a number of older British plants to close because of EU environmental law. Britain is at risk of a power capacity crunch in the 2020s as nuclear…