Kpler US Gas Weekly (Increasing share of Sabine Pass deliveries to Manzanillo)

Originally Released on 8 March 2017

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Sabine Pass Inventories

This week we observed a decreased average send-in level at 1.12 Bcf/d. This indicates that the terminal is currently running at the capacity below two Trains production.

 

Sabine Pass: Lineup 

Currently, one vessel is loading a cargo at the terminal, and eight vessels are expected to arrive in the next few weeks:

Eligible Vessels for Sabine Pass 

There are several ballast vessels heading toward the Americas with no clear destination:

Main HighlightsGas Natural’s Ribera Del Duero Knutsen diverted from Aliaga on 25-February with her Sabine Pass cargo. The vessel is now discharging at Manzanillo.

We observe an increase in the number of cargoes from Sabine Pass discharged at Manzanillo. Currently, three vessels expected to arrive: Stena Crystal Sky, ETA 9-March, Rioja Knutsen, ETA 19-March, and Cool Voyager, ETA 21-March. Also, Cheniere won a tender for three cargoes to be delivered to Manzanillo for CFE during March.

Shell’s Madrid Spirit loaded at Sabine Pass on 23-February and was expected to cross the Panama Canal on 1-March. She diverted on 27-February and is now signalling for the Suez Canal.

 

Engie’s Bw Gdf Suez Everett loaded at Atlantic LNG on 25-February and delivered a partial cargo to Ponce on 2-March. Now the vessel arrived at Everett to discharge the rest, ETA 8-March.

Shell’s Palu LNG loaded a cargo at Sabine Pass on 4-February and is now expected to discharge at Hazira, ETA 11-March.

Gas Natural’s Clean Planet loaded at Sabine Pass on 28-February and is currently signalling for the Suez canal. Her potential destinations are in the Middle East and India.

Cheniere’s Golar Penguin is currently making her laden voyage with her Sabine Pass cargo across the S.Atlantic. Her potential destinations are in the Middle East and India.

Manzanillo Imports

Due to the Los Ramones Phase II South issues, Mexico is still relying on LNG Supply. USA is increasingly providing the terminal since shipments from Peru were discontinued in October 2016.

Panama Canal Transit 

Cheniere is delivering cargoes from Sabine Pass to Manzanillo via the canal, reducing the voyage duration by approx. 25 days.

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