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).


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

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.