Kpler LNG Interesting Moves (Released on 22 December 2016)

Weekly Highlights 

The Soyo plant is undergoing unplanned maintenance again, with no clear date of resatarting the facilities. Sonangol Etosha loaded a tender cargo on 17-December, and is headed toward the Indian Ocean via Cape Town with no clear destination.

Gorgon Train 1 is expected to start up next week, and Train 2 has been operational since 12-December. Marib Spirit loaded at the terminal on 18-December, and is headed offshore Bintulu. Her final destination is not yet clear.

APLNG is currently loading the first cargo since 26-November on board Sinopec’s LNG Saturn.

Latest Reloads

Vitol’s Asia Vision reloaded a cargo at Gwangyang on 17-December, and is currently discharging it in Himeji.

Trafigura’s Golar Bear reloaded at Gate on 7-December, and is currently crossing the Red Sea with no clear destination.

Engie’s Bw Gdf Suez Paris is expected to reload at Montoir on 29-December. Initially, Engie’s Provalys was expected to re-export a cargo at the plant on the same date, but now the vessel is headed toward Fos Cavaou for re-export, ETA 26-December.

Christophe De Margerie is making her ballast voyage toward the plant, ETA 27-January. The vessel may potentially reload her maiden cargo at the terminal.

Interesting Moves 

Diversion of the week: Engie’s Gaselys was expected to discharge at Everett on 17-December. The vessel almost reached the terminal, but diverted back on 14-December. Now she is floating off of Caribbean islands.

Gas Natural’s La Mancha Knutsen loaded her maiden cargo at Sabine Pass on 12-December, and is expected to deliver it to Ain Sokhna, ETA 8-January. This is the first delivery from Sabine Pass to Egypt.

Shell’s Maran Gas Agamemnon is currently lifting a cargo at Idku. Her next destination is not yet clear.

FOB Sabine Pass: Contract Prices vs Netbacks

FOB Netbacks at Sabine Pass prices are assessed by deducting shipping costs from RIM NE Asia and NBP prices.

Average Indian Spot vs Contract Cargo Prices

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