Kpler EU Gas (European Line-ups)

Originally Released on 25 September 2017

EUROPEAN MARKET

NORTHWEST EUROPE SUMMARY

EUROPEAN LINE-UP
Barcelona:
Three slots have been cancelled during the second half of September. Methane Lydon Volney was initially expected 23-September. She was diverted to South Korea instead. A second cargo was expected 29-September onboard NLNG’s LNG Oyo. She is headed to Brazil now.  According to AIS, British Diamond could be delivering a cargo end of the month. If else, this could be the third diverted cargo this month. 

Dragon:
Qatargas’ Al Sheehaniya is expected by the Port Authority, ETA 29-September. The terminal has increased send-out levels accordingly since 17-September.

Dunkerque: 
ENGIE’s GDF Suez Point Fortin  has been confirmed by the Port Authority of Dunkerque, ETA 2-October. This will be the second cargo delivered there this month.

Gate:
Gas Natural’s Ribera Del Duero Knutsen is no longer expected to deliver her Sabine Pass-sourced cargo at Gate, ETA 6-October. The vessel has been diverted to deliver her cargo at Pecem instead, ETA 27-September.

 

Grain:
Sonatrach’s Tessala discharged a partial cargo at Barcelona. She is expected to discharge her remaining cargo at Grain, ETA 25-September.

Qatargas’ Mozah is expected to discharge her cargo at Isle of Grain. Kpler analysts expect her to arrive 3-October.
Klaipeda:
Shell’s Valencia Knutsen is finally headed to Klaipeda. The port expects the vessel to deliver the US-sourced cargo 30-September. The cargo was initially booked for 12-13-September, but was delayed due to severe weather conditions surrounding Sabine Pass.

 

Montoir:
Petrobras’ Cool Runner is expected to reload a cargo, ETA 27-September. Meanwhile, the Port Authority of Montoir expects to receive 3 cargos from NLNG in the first half of October: LNG Ondo, ETA 1-October, LNG Enugu 8-October and LNG Bayelsa, ETA 14-October.

South Hook:

There are no additional cargos expected at South Hook this month.

A Q-Flex sized cargo is expected 9-October, with initial reports indicating Qatargas’ Onaiza as the potential vessel to deliver. However, the vessel remains at the RL Anchorage and therefore Kpler Analysts expect that a swap has been made.

 

TO KEEP ON YOUR RADAR
There are two Q-Flexes headed towards the Suez canal from Ras Laffan. Qatargas’ Al Karaana and Al Khattiya. Kpler Analysts will blast any potential updates on their destinations during the week. One of them could be a potential South Hook swap cargo.At Ras Laffan, there are currently two other Q-Flexes loading: Qatargas’ Al Bahiya and Rasgas’ Umm Al Amad.

 

RAS LAFFAN
Liftings at Ras Laffan increased in week 38, after a slow week 37. There are currently still 2 vessels loading, with arrivals at the plant within week 38. There are still no signs of reduced liftings as an indicator of maintenance. Kpler analysts will be monitoring liftings in October, where regular maintenance usually takes place.
STOCK & SEND-OUT
Dragon send-out has increased in response to the cargo being imported in the upcoming days. Meanwhile, South Hook send-out levels are forced to remain low due to the limited imported LNG in September.

During the previous week, only 1 cargo was imported at South Hook. The previous weeks stocks and send-out are reflected below:


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