Kpler LNG Interesting Moves (Sabine Pass T4 commissioning soon)

Originally Released on 3 August 2017

Main Highlights

At Sabine Pass, we observed the highest send-in level of 2.57 Bcf/d on 29-July.

Engie’s Christophe De Margerie arrived at Zeebrugge on 19-July for gas up and cool down operations. The vessel then loaded at Snohvit on 28-July and is expected at Boryeong on 16-August.

Seri Bakti loaded at GLNG on 26-July and is now headed towards Subic Bay for a STS operation, ETA 8-August.

PetroChina’s Meridian Spirit loaded at Bethioua on 24-July and delivered a cargo to Ain Sokhna on 3-August.

We observed several newbuild vessels on water this week. Petronas’ Seri Cempaka is currently headed towards Bintulu to load her maiden cargo, ETA 4-August. Total’s Sk Audace is now ballasting towards the South China Sea with no clear destination. Also, Castillo De Merida is now performing sea trials.

Interesting Moves

Uniper’s Woodside Rees Withers re-exported a cargo on 1-August and is delivering to Aqaba according to her AIS, ETA 13-August.

Petronas’ Seri Cenderawasih lifted a cargo at PFLNG 1 on 23-July and is currently headed towards Pyeong Taek, ETA 5-August.

Rasgas’ Wilforce loaded a backhaul cargo at Ras Laffan on 22-July and is now expected to discharge at Rovigo on 6-August.

Jera’ Pacific Notus is now reloading at Gwangyang and will deliver to Futtsu on 8-August.

Nizwa LNG loaded at DSLNG on 25-July and is delivering to Jebel Ali on 15-August. This is the second delivery from the terminal to the Middle East.

Three vessels loaded at Bonny will discharge at Altamira in the next few days: Shell’s Gaslog Glasgow , ETA 6-August, Shell’s Maran Gas Agamemnon., ETA 8-August and LNG River Niger, ETA 20-August. CFE expects to receive four tender cargoes at Altamira in August.

Global LNG Exports

Global export volumes hit record high of 26.3 Mt in July 2017, mostly thanks to Australian projects ramping up (from 4.93 Mt in June 2017 to 5.73 Mt in July 2017).

Top Global Origin July 2017

 

Algeria LNG Exports

We observed a significant increase in Algerian exports to the Middle East since April 2017:
*Middle East: Egypt, Jordan, UAE, Kuwait, India

 

Yearly Algerian Exports to the Middle East 

 

Sines LNG Imports

There have been two consecutive discharges at the terminal: LNG Abuja Ii delivered her Bonny-sourced cargo on 1-August, and Shell’s Valencia Knutsen is now discharging her Sabine Pass cargo at the plant.

RasGas’ Fraiha loaded at Ras Laffan on 18-July and will deliver to Sines on 10-August.

The terminal imported the higher volumes of diversified supply recently, and is now expecting to hit 0.25 Mt in August according to the current data:

Monthly Sines Imports by Origin Installation

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Kpler LNG (Monthly Egypt Imports by Origin)

Originally Released on 27 July 2017

Main Highlights

At Sabine Pass, we observed the highest send-in level of 2.44 Bcf/d on 26-July. The weekly average send-in level is 2.19 Bcf/d.

Petrobras’ Excalibur is discharging now her Atlantic LNG-sourced cargo at Cartagena, Colombia. This is the first delivery there in 2017.

Engie’s Christophe De Margerie arrived at Zeebrugge on 19-July for gas up and cool down operations. Currently the vessel is expected to load a cargo at Snohvit, ETA 27-July.

The name of the vessel Celestine River (IMO 9330745) was changed to Symphonic Breeze.

In June, LNG Bunkering services commenced in the port of Zeebrugge, with the new LNG bunkering vessel, Engie Zeebrugge, delivering the first LNG as marine fuel. At Gate, Shell’s Cardissa has arrived, where she will be loading from the third berth and operate in NWE

Interesting Moves

Rasgas’ Al Khuwair loaded at Ras Laffan on 12-July and is currently expected to deliver partial cargos at Zeebrugge, ETA 31-July, and South Hook, ETA 3 August.

Iberdola’s Arctic Discoverer loaded at Snohvit on 23-July and is expected by the market to deliver to Grain on 3-August. The vessel sent a AIS signal for Sines on 23-July, but the Sines Port Authorities do not expect her to arrive in the next few days.

Cheniere’s Oak Spirit is about to deliver a tender cargo from Sabine Pass to CFE at Altamira, ETA 29-July.

Cheniere’s Valencia Knutsen lifted a cargo at Sabine Pass on 20-July and is expected at Sines on 1-August.

PetroChina’s Grace Acacia reloaded at SLNG on 22-July and is now making her laden voyage toward Rudong, ETA 30-July.

Rasgas’ Wilforce loaded a backhaul cargo at Ras Laffan on 22-July and is now expected to discharge at Italy.

Brunei LNG’s Trinity Glory loaded at Bontang on 24-July and is currently signalling for India, ETA 9-August.

Two vessels loaded at Bonny and headed towards Americas with no clear destination: Gaslog Glasgow and Maran Gas Agamemnon.

Vitol’s Maran Gas Mystras reloaded at Gate on 23-July and is now crossing the Mediterranean Sea with no clear destination.

PetroChina’s Meridian Spirit loaded at Bethioua on 24-July and is currently passing by Malta. Her destination is not yet clear.

Monthly Egypt Imports by Origin

More specifically, the trend of Qatari exports to Egypt have been declining over the past year. And Nigerian volumes have increased:

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Kpler LNG (European Re-exports)

Originally Released on 20 July 2017

Main Highlights

Peru LNG still remains inactive, with GaleaGemmata and Scf Mitre ballasting along the coast. Last loading at the terminal took place onboard Maran Gas Efessos on 2-July.

Sonatrach’s Ougarta loaded at Bethioua and is now headed towards MAAGP, ETA 28-July. This is the first delivery from Algeria to Kuwait.

Newbuild Chevron’s Asia Venture is now ballasting towards Darwin to load her maiden cargo, ETA 28-July.

Christophe De Margerie is currently docked at Zeebrugge for gas up and cool down operations.

The name of the vessel Hanjin Ras Laffan (IMO 9176008) was changed to HL Ras Laffan.

Interesting Moves

Iberdola’s Arctic Discoverer will load at Snohvit on 22-July and is expected to deliver a cargo to Grain on 2-August.

Rasgas’ Milaha Qatar is delivering her tender cargo from Ras Laffan to Toscana on 22-July.

Rasgas’ Al Khuwair loaded at Ras Laffan on 12-July and is now headed towards Zeebrugge, ETA 31-July.

Cheniere’s Oak Spirit is about to deliver a tender cargo from Sabine Pass to CFE at Altamira, ETA 20-July.

Kogas’ K.Jasmine loaded at Sabine Pass on 12-July and is signalling for Tongyeong, ETA 20-August. The vessel took an unusual route and is now passing by French Guiana.

Petrobras’ Esshu Maru will discharge her Ras Laffan-sourced cargo at Quintero on 9-August. The cargo was on water since 4-June.

Shell’s Gaslog Geneva loaded at Idku on 15-July and is now signalling for Atlantic, ETA 25-July.

Reloads of the Week 

Vitol’s Maran Gas Mystras is now reloading at Gate. Another reload is potentially expected on 28-July onboard Woodside Rees Withers based on her AIS signal – the vessel is currently ballasting towards the Falmouth, UK.

Engie’s Grace Cosmos re-exported a cargo on 24-June and is expected to discharge at Qidong on 25-July.

Shell’s Methane Spirit reloaded at SLNG on 19-July and is now floating offshore of the terminal with no clear destination.

Monthly European Re-Exports

The trend of European re-exports has been declining over the past year:

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Kpler LNG (Monthly Mexico Imports by Origin)

Originally Released on 13 July 2017

Main Highlights

Peru LNG is currently experiencing delays, with Galea and Scf Mitre ballasting along the coast.

We observe the increasing variety of US LNG destinations, with 3 cargoes delivered to NWE in the past two months. Cheniere will deliver the first US LNG cargo to Klaipeda, Lithuania from Sabine Pass in the second half of August. Gas Natural will deliver to Klaipeda a second US cargo in mid-September.

Diversion Alert: Shell’s Maran Gas Sparta loaded at Sabine Pass on 3-July and was making her voyage toward Europe. She changed her route on 7-July and just crossed the Panama Canal with no clear destination:

Interesting Moves 

Trafigura’s Golar Maria loaded a tender cargo at Das Island and is now headed towards the Red Sea with no clear destination.

Diverted Engie’s Bw Gdf Suez Brussels is now headed with her Idku-sourced cargo towards Hazira, ETA 18-July.

Shell’s Maran Gas Mystras discharged her Sabine Pass cargo at Grain on 8-July. The vessel is now expected to reload at Gate, ETA 18-July. On 13-July the vessel sent an AIS signal for Dunkerque, but the port has confirmed that no cargoes are expected in the next few days.

Gas Natural’s Ribera Del Duero Knutsen lifted a cargo at Sabine Pass on 9-July and is delivering it to Cartagena, Spain on 21-July.

Shell’s Scf Melampus loaded a tender cargo at Atlantic LNG on 2-July and is delivering it to CFE at Altamira on 13-July.

Sonangol Benguela is delivering her tender cargo from Soyo to Hazira on 14-July.

Qatargas’ Al Hamla loaded at Ras Laffan on 10-July and Kpler analysts expect her to discharge at Swinoujscie, ETA 3-August.

Petrobras’ Esshu Maru is currently floating south along the coast of Brazil with her Ras Laffan-sourced cargo at 10.3 Kn. Her destination is not yet clear.

Newbuild Cesi Beihai delivered her maiden cargo from APLNG to Beihai on 9-July. Another newbuild vessel, Chevron’s Asia Venture is now ballasting towards the SGP area.

Tender Deliveries to Argentina

Currently, Escobar and Bahia Blanca expect the following vessels to arrive in the next few weeks:

Monthly Mexico Imports by Origin

In June 2017, we observed the highest imports to Mexico for the last two years (0.64 Mt), with United States delivering 0.46Mt. Since September 2016 (the first delivery from Sabine Pass to Mexico) US LNG imports have significantly increased:

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Kpler LNG 2017 Mid-Year Report

January

The year started with the first import at Turkey’s Etki FSRU.

The terminal Delimara received its commissioning cargo aboard Shell’s Galea on 11-Jan.

Cheniere’s Oak Spirit delivered a Sabine Pass cargo to Joetsu Chubu for Jera on 6-January. This is the first delivery from Sabine Pass to Japan.

Botas’ Ereglisi Terminal expanded their max ship size from 135.000 to 180.000 m3, with the first upper conventional sized cargo delivered aboard NLNG’s LNG Bonny II on 15-Jan.

February

The first Japanese re-export took place at Shizuoka Gas’ Sodeshi terminal on 5-Feb. Shell’s Gaslog Sydney delivered the cargo to Yung An on 13-Feb.

The first reload at Andres happen on 11-Feb onboard Iberdola’s Cadiz Knutsen. The cargo was delivered to Grain on 24-Feb.

March

FSRU Golar Igloo arrived at MAAGP on 27-February to start operations there. The first cargo in 2017 delivered to MAAGP was aboard Maran Gas Delphi, 28-Feb.

We observed an influx of vessels discharged at Milford Haven in March, after the absence of cargoes in February:

Petronas’s PFLNG 1 terminal offshore of Sarawak is now loaded a cargo aboard Seri Camellia on 25-March. This is the first FLNG facility starting operations.

April

Argentina’s new tender delivery season started ramping up with five cargoes arrived to Escobar and Bahia Blanca in April.

The STS operation took place at Subic Bay, Philippines between Koch’s Polar Spirit and Jovo’s Seri Bakti. Two partial cargoes then were delivered to Jovo aboard Polar Spirit on 8 and 22-May.

 

May

Planned maintenance on Tangguh Train 2 (3.8 mtpa) took place from 1-Apr until 31-May. Six cargoes were loaded in April, and seven – in May.

The scheduled maintenance at Snohvit from 12-May until 18-June led to a drop in May exports. The fleet has been reallocated accordingly:

  • Arctic Lady loaded at Bethioua and delivered her cargo to SLNG on 24-May
  • Arctic Discoverer lifted a cargo at Sabine Pass and discharged at Gate on 8-June
  • Arctic Aurora loaded at Sabine Pass and delivered to Toscana on 26-June. This is a delivery for DufEnergy against their won OLT Toscana tender

Gorgon Train 1 came to a halt due to unplanned maintenance on 15-May, which took place for about a month. Number of other regular checks were also done during this period.

Idku was experiencing a high activity with three cargoes lifted in May.

June

The June 2017 Qatar diplomatic crisis resulted in several LNG market moves we witnessed:

  • Two Qatargas vessels (Al Mafyar and Zarga) were delivering from Ras Laffan to South Hook, and they diverted their route on 8-June, from initally indicated Suez Canal to the Cape of Good Hope
  • Another Qatari vessel, Rasgas’ Al Aamriya, also took the longer route via the Cape of Good Hope to deliver her cargo to Barcelona, ETA 16-July
  • We also observed that Qatari vessels were repositioned from Fujairah anchorage to the Ras Laffan achorage, following the official statement from the Fujairah Port on 5-June

Aqaba received their first Algerian cargo aboard Sonatrach’s Ougarta on 13-June. The trade have been executed by BB Energy.

Two US LNG cargoes found their home in NWE in June:

  • Statoil’s Arctic Discoverer delivered her Sabine Pass cargo to Gate on 8-June. This is the first loaded cargo from Sabine Pass to NWE.
  • Cheniere’s Clean Ocean discharged her cargo at Swinoujscie on 8-June.

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Kpler LNG (British Emerald load from Atlantic LNG)

Originally Released on 7 July 2017

Diversions of the Week

Trafigura’s Adam LNG was initially headed towards Hazira, but on 29-June she diverted. The vessel updated her AIS to Grain on 30-June, with ETA 14-July:

Engie’s Bw Gdf Suez Brussels was floating at Fujairah for twenty days and started to make her voyage toward MAAGP on 27-June with ETA 29-June. On 29-June she diverted and the vessel is now floating at the Jebel anchorage offshore of Dubai.

BP’d British Emerald loaded at Atlantic LNG on 24-May and was expected to deliver to Mexico. She diverted on 30-June and is now floating offshore of Tenerife.

Cheniere’s Clean Ocean is now delivering her tender cargo to CFE at Manzanillo instead, ETA 11-july.

Salalah LNG loaded at Qalhat on 30-May and initially was expected at Dahej on 18-June. The vessel changed her route toward Far East and updated her AIS to Nihonku, ETA 9-July.

Reloads Update

Engie’s Grace Cosmos re-exported a cargo at Montoir on 24-June and is now crossing the Red Sea with no clear destination.

Newbuild Trafigura’s Hoegh Giant reloaded at Kochi on 25-June and is currently making her laden voyage towards Boryeong, ETA 10-July.

Petrobras’ Excalibur reloaded a cargo at Pecem on 23-June and is now expected to discharge at Sines on 7 July according to the Port Authorities.

Interesting Moves

Total’s Maran Gas Mystras loaded a cargo at Sabine Pass and is now making her laden voyage toward the terminal, ETA 8-July. This is the first delivery from Sabine Pass to Grain.

Shell’s Maran Gas Hector loaded on 27-June and is expected to discharge at Altamira on 6-July.

Vitol’s Yenisei River lifted a tender cargo at Bonny on 20-June and is delivering it to  NEPCO at Aqaba, ETA 14-July.

PetroChina’s Wilforce loaded a cargo at Bethioua on 1-July and is expected by Kpler analysts to discharge at Jebel Ali on 17-July.

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Kpler LNG (Grace Cosmos Re-export from Montoir)

Originally Released on 29 June 2017

Market Updates

The NWS project experienced a partial outage on 24-June. Following the incident, this week we observed vessels loaded on 25-June (Asia Endeavour) and 27-June (Fuji LNG).

The Sakhalin plant is undergoing turnaround shutdown activities from mid-June to mid-July.

Cheniere will deliver the first US LNG cargo to Klaipeda, Lithuania from Sabine Pass in the second half of August.

Petronas’ Seri Camellia loaded at PFLNG1 on 14-June and discharged a cargo at Yung An on 28-June.

Cheniere’s Arctic Aurora delivered her cargo from Sabine Pass to Toscana on 26-June. This is a delivery for DufEnergy against their won OLT Toscana tender.

Interesting Moves

Diversion Alert: Engie’s Bw Gdf Suez Brussels was floating at Fujairah for twenty days and started to make her voyage toward MAAGP on 27-June with ETA 29-June. On 29-June at 08:29 the vessel made a sharp u-turn and is now potentially headed away from the terminal at 13.6 Kn:

   

Currently, two vessels are headed from Sabine Pass to Altamira. Gas Natural’s Ribera Del Duero Knutsen loaded on 25-June and is expected by the Port Authorities to arrive on 29-June. Shell’s Maran Gas Hector loaded on 27-June and is expected to discharge on 30-June.

Adgas’  Al Khaznah is delivering a tender cargo for Gunvor from Das Island to Kawasaki, ETA 10-July.

PetroChina’s Wilforce is now ballasting towards Bethioua to load her cargo, ETA 30-June.

BP’s British Sapphire lifted a cargo at Bethioua on 25-June and is now headed towards the S.Atlantic, ETA 11-July.

Reloads Update

Engie’s Grace Cosmos re-exported a cargo at Montoir on 24-June and is now headed towards the Mediterranean Sea with no clear destination.

Woodside Rees Withers reloaded at Gate on 25-July and will deliver her cargo to Sagunto, ETA 1-July. Initially, BP’s British Innovator was expected to deliver LNG for this slot.

Newbuild Trafigura’s Hoegh Giant reloaded at Kochi on 25-June and is now headed towards the Singapore area with no clear destination.

Petrobras’ Excalibur reloaded a cargo at Pecem on 23-June and is now making her laden voyage toward Gibraltar. The vessel is signalling for N.Atlantic, ETA 7-July.

Floating Storage Update

This week we observed different types of floating cargoes on water:

Petrobras’s Esshu Maru loaded at Ras Laffan on 4-June and is currently floating in the S. Atlantic at 8.9 Kn while waiting for orders.

Engie’s Provalys is now completely stopped and is anchored offshore of Greece. The vessel loaded at Idku on 18-June.

Polar Spirit loaded a partial cargo during the STS operation with Seri Bakti on 15-June and is currently waiting to discharge at Jovo, ETA 29-June.

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