Kpler E.U. Gas Weekly (Released on 24 November 2016)

North West Europe: Lineup and Inventories

Forecasted Vessels
  • South Hook:
We expect only one vessel to arrive at the terminal in the next few weeks:
  • Al Huwaila, ETA 7-December. The vessel is early and expected to float off of Malta for a few days.
Currently, there are no additional vessels confirmed for the 2H of December, but several potential vessels are headed back to Ras Laffan.
  • Zeebrugge:

The terminal is expecting two discharge operations in the following weeks on board Yenisei River, ETA 26-November, and Milaha Qatar, ETA 7-December.

Express is scheduled for a reload on 28-November.

  • Grain:

There are no vessels expected to arrive at the terminal.

Kpler analysts still expect one reload operation by Centrica in the next few weeks, with  Golar Bear as a potential vessel.

  • Dunkerque:
The terminal received the third and last cargo of the year: Maran Gas Asclepius delivered her Ras Laffan-sourced cargo at the terminal on 22-November. There are no more vessels expected to arrive.
  • Montoir:

Engie’s FSRU Neptune is expected to arrive at the port in the next few weeks for a cool down or full cargo reload for her new position as the Botas FSRU. The vessel has been undergoing maintenance at Marseille since October 2016.

Gdf Suez Point Fortin is scheduled for a reload on 27-November. The vessel is ballasting now across the Atlantic.

LNG Kano loaded at Bonny on 5-December, and is signalling for Montoir, ETA 5-December.

  • Fos Cavaou:

Total’s Arwa Spirit reloaded on 21-November, and is headed toward Japan via Cape Town, ETA 18-December.

Overall, the plant is expected to import 5 cargos in December, with no Q-Flexes enlisted. A reload will take place on 7-December.

  • Sines:

Trafigura’s Energy Atlantic is now discharging her reloaded cargo at Dabhol.

LNG Abalamabie is expected to arrive at the terminal with her Bonny-sourced cargo on 29-November.

  • Rovigo:
There are two vessels expected by Kpler analysts at the terminal:

To Keep on Your Radar

Trinity Glory loaded at Ras Laffan on 20-November, and is headed toward the Red Sea with no clear destination.

 

LNG Data Analysis

Ras Laffan Cargo Liftings Weekly
This week we observed higher humbers of vessels headed toward Europe, with a variety of destinations.

European Stocks and Send-outsEuropean Stocks and Send-Outs are computed Thursday-Thursday (@ 6:00 AM).

At South Hook, the average send-out level was stable at 126.85 GWh/d this week.

Spanish Flows

The graph below includes three terminals with the biggest flows. Overall in 2017, the highest number of cargoes will be delivered to Barcelona (79 total), and Bilbao expects to reload a record 20 cargoes. In total, there are 35 re-export cargoes planned. Cartagena will import only 4 cargoes in 2017, with 0 reloads scheduled.

Source: Enagas 

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