Kpler US Gas (Decreasing Panama Canal Crossings)

Originally Released on 30 August 2017

US MARKET

Sabine Pass Inventories

Currently, the liftings are disrupted due to the tropical storm Harvey with no clear date of picking up. Meanwhile, Train 3 is still undergoing the outage.

We observe a stable average send-in level of 1.86 Bcf/d.

 

Sabine Pass: Lineup 

Currently, 14 vessels are expected to arrive in the next few weeks. We observe the increased number of vessels ballasting around the area. Shell’s Maran Gas Achilles was initially indicating the arrival date on August 26th, and Cheniere’s Yari LNG on August 28th.

 

Sabine Pass Exports 

Due to the tropical storm Harvey, Kpler expects decreased Sabine Pass exports of 0.98 Mt in August. There was no liftings since August 24th aboard GAIL’s Meridian Spirit, though three more vessels were scheduled to load until the end of the month.

Eligible Vessels for Sabine Pass There are several ballast vessels heading toward the Americas with no clear destination:

Main Highlights

Engie’s Bw Gdf Suez Everett loaded at Atlantic LNG on 27-August and is now headed towards Everett, ETA 4-September.

Golar Seal lifted a cargo at Sabine Pass on 17-August and is currently making her laden voyage towards Sines, ETA 31-August.

KOGAS’ Sk Summit loaded at Ras Laffan on 6-August and is delivering her cargo to Incheon, ETA 17-September.

KOGAS’ Hyundai Princepia updated her AIS to Tongyeong, ETA 7-September.

GAIL’s Meridian Spirit loaded at Sabine Pass on 24-August and is now about to cross the Panama Canal, ETA 30-August.

Panama Canal Transit 

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