East Coast Update

According to EIA, net withdrawals from US storage fields totaled 359 Bcf for the week ending January 5, 2018. Meanwhile, LNG Imports to the region are expected to reach up to 0,55 MT for January. This will be the highest level of imports there since March 2015.

Shell’s Madrid Spirit delivered a cargo at Cove Point 16-Jan. This is the second delivery at the newly transformed liquefaction plant. The cargo is most likely regasified for domestic consumption, due to high natural gas prices in the region. The liquefaction plant is not expected to export any LNG in Q1 2018.

Gas Natural’s Catalunya Spirit loaded at Atlantic LNG. According to AIS, the vessel is headed to Canaport, ETA 22-Jan. This will be the second cargo delivered there this month.

Engie’s BW Gdf Suez Everett and Gaselys are both headed towards Everett. However, only Gaselys has confirmed Boston per AIS, ETA 20-Jan.


Main Highlights

JERA’s newbuild, Bishu Maru, has completed her port call at Wheatstone. This is the first cargo lifted there since 1-Jan. The plant has recently been shut, due to maintenance. Jera is bringing the cargo to Yokkaichi, ETA 26-Jan.

Petronas’ Seri Bijaksana initially indicated Pengerang LNG as her next destination. However, the vessel is now clearly headed towards Shanghai, ETA 18-Jan.

Pertamina’s LNG Portovenere is delivering her Bontang-sourced cargo at Jovo, ETA 18-Jan.

Angola LNG’s Cubal delivered a tender cargo at Botas’ Aliaga Terminal 13-Jan. This is the first ever Angolan cargo delivered in Turkey.

Reloads & Transshipments

Trafigura’s Trinity Arrow is currently headed towards Kochi to reload a cargo, ETA 18-Jan.

Engie’s Wilforce reloaded a cargo at Montoir 13-Jan. Her destination remains unknown.

Vitol’s LNG Jurojin is delivering her transshipment cargo from Montoir at Pyeong Taek, ETA 6-Feb. This will be the first Yamal delivery in South Korea.

Centrica’s Methane Kari Elin reloaded at Grain 10-Jan. She is headed to Pyeong Taek, ETA 12-Feb.

Yamal’s newbuild, Eduard Toll, is also expected to discharge in Europe first week of February, either via transshipment or for a reload.

There are three reloads planned in France:
1) Shell’s Maran Gas Posidonia is expected by the Port Authority of Montoir, ETA 28-Jan.

2) Engie’s Provalys is idle at Falmouth Anchorage, awaiting the discharge of Boris Vilkitsky. This will be the first reload to take place at Dunkerque.

3) Fos Cavaou 28-Jan: Vessel Unknown

Maintenance & Outages

The liquefaction plant is expected to commence planned maintenance 1-Feb until 17-Mar. Up to 1 train may be affected, reducing monthly exports by up to 0,375 mt. The plant exported 8,83 mt in 2017 (98% of nameplate capacity).

A pipeline explosion occurred 10-Jan, resulting in delays on liftings from Bintulu. A total of 1,19 mt has been lifted so far this month. Up to 5 vessels are currently idle outside port limits.

Sakhalin 2
According to several sources, the plant could be experiencing delays. However, up to 0,61 mt has been lifted so far this month, in line with last year’s January exports.

The liquefaction plant has been experiencing unplanned maintenance, since 8-Jan. There are currently 4 vessels expected to load in the following weeks, with Lobito indicating her arrival ETA 18-Jan.