Kpler LNG (Methane Rita Andrea’s Diversion)

Originally Released on 4 May 2017

Interesting Moves 

KOGAS newbuild SM Eagle has left the shipyard and is heading to Sabine Pass according to her AIS. KOGAS has an offtake agreement with Cheniere for 3.5mtpa from Train 3, which is now online

Shell’s  Methane Julia Louise has delivered her Sabine Pass sourced cargo at Jebel Ali on May 1st.

Vitol’s Wilpride is delivering her Bethioua sourced cargo at Gwangyang, ETA 19-May.

JERA’s Maria Energy loaded at Sabine Pass and has confirmed Futtsu as her next destination per AIS, ETA 14-May.

Sonatrach’s Cheikh Bouamama loaded at Skikda. She is delivering her cargo at La Spezia, ETA 4-May. This will be the first cargo delivered there this year.

Sakhalin Energy’s Grand Aniva is delivering a spot cargo at Rudong to PetroChina, ETA 4-May.

Gunvor chartered Pskov is heading to Bonny to load an FOB tender cargo from NLNG

Diversion

Shell’s Methane Rita Andrea was initially expected to discharge her peru-sourced cargo in South Korea. The vessel diverted on 28-April and is now headed towards Aqaba instead, ETA 30-May.

Plant Updates

Tangguh planned maintenance on Train 2 remains ongoing from 1-Apr until 31-May. Only 5 cargos were loaded in April, confirming that the plant is running at 50% of total capacity. Tangguh consists of two Liquefaction trains of 3.8 mtpa each. A third train of 3.8 mtpa is planned to start-up in 2020.

Gorgon exported a record amount of 0.73 mt in April, indicating that the plant is increasing its LNG production. However, this remains below the expected capacity of Gorgon’s three liquefaction trains, each of 5.2MTPA capacity. The third train was expected to be fully operational in March 2017.

Analysis

After a brief hiatus after October 2016, a record number of cargoes departed in April for destination of Argentina. All were expected to be delivered as part of YPF’s recent tenders.

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