Kpler GAS (U.S. Gas Weekly)

Cove Point Update

Tokyo Gas’ Patris has updated her AIS for Cove Point, ETA 9-Apr. This could be the second cargo to be lifted from the plant. The vessel recently completed her maiden voyage. She was sub-chartered by Trafigura on a short-term basis to reload a cargo at Montoir 5-Feb. The cargo was delivered to GAIL at Dahej 23-Feb.

Diversion Alert: Where will the commissioning cargo be delivered?
Shell’s Gemmata departed from Cove Point 2-Mar with her course set towards the Cape of Good Hope. 9-Mar, the vessel slowed down her speed from 15.9 to 10.9 knots and remained in the same area for 2 days. Late evening 11-Mar, her course was changed and she is now headed towards Gibraltar at a speed of 14.6 knots.

Kpler GAS (U.S. Gas Weekly)

Sabine Pass

Unplanned Maintenance
Up to 40% of Sabine Pass storage tanks are under repair, since cracks were discovered mid-Feb.

In addition to unplanned maintenance, the plant also experienced delays in liftings in the previous week. A dense fog prevented LNG carrier arrivals and departures. The plant only exported 0,15 mt in week 7.

In consequence, monthly exports for February are expected below recent monthly figures at 1,5 mt, a 3% drop MtM.

There are currently 4 idle vessels outside port limits: Cool Runner, Gaslog Gibraltar, Gaslog Houston and Meridian Spirit. Meanwhile, a 5th vessel is arriving: Golar Celsius.

Kpler analysts expect liftings to pick up in pace this week, as weather conditions have improved. Cheniere’s Creole Spirit departed from the plant this morning.

Inventories & Line-Up
This week we observe an increased average send-in level of 2,65 Bcf/d, up 16% compared WtW.

Kpler GAS (U.S. Gas Weekly)

Sabine Pass

Outage Alert
Send-in levels dropped to 659bcf/d on 19-Jan, as the liquefaction plant faced unplanned maintenance. Such levels indicate that possibly only 1 train was active during the weekend.
Send-in levels are now gradually increasing, but ramp-up may take time. This is the second time within one month that send-in levels drop. In response to reduced production of LNG, storage levels are rapidly reaching levels unseen since last year.

Kpler EU Gas (Hispania Spirit reload from Gate)

North-West Europe
South Hook
The terminal is still expecting two vessels to arrive in December: Qatargas’ Al Ghashamiya, ETA 5-December is confirmed by the Port Authorities. The vessel loaded at Ras Laffan on 17-November and is now crossing the Mediterranean Sea.
Qatargas’ Bu Samra, ETA 13-December. She is now about to enter the Red Sea.

Kpler U.S. Gas (Panama Canal Crossings)

U.S. Market

Sabine Pass Inventories
This week we observe a stable average send-in level of 2.77 Bcf/d.

Sabine Pass: Line Up
Currently, Shell’s Valencia Knutsen and LNG Finima Ii are loading at the terminal. This is the first load of LNG Finima Ii at a terminal other than Bonny since her construction. Eleven vessels are expected to arrive in the next few weeks:

Kpler EU Gas Weekly (Gas Send-Out Levels)

European Market
North-West Europe 

South Hook
The terminal is expecting the following vessels to arrive:Qatargas’ Al Karaana, ETA 3-December. The vessel is currently loading at Ras Laffan.
Qatargas’ Bu Samra, ETA 13-December. She is now ballasting towards Ras Laffan, ETA 26-November.
Qatargas’ Al Ghashamiya, ETA 20-December. The vessel discharged at MAAGP on 13-November and is expected to load at Ras Laffan.Initially, Al Ghashamiya was expected to arrive on 3-December and Al Karaana on 20-December. A swap potentially took place, so we kindly advice to add the vessels to your Watchlist to monitor the situation.Gate
Trafigura’s Adam LNG reloaded at the terminal on 25-October and is now headed towards MAAGP via the Cape of Good Hope, ETA 30-November.Zeebrugge
Engie’s Gdf Suez Point Fortin loaded at Snohvit on 27-October and is expected to discharge a small volume at Zeebrugge on 18-November. The vessel then will head towards Hazira to deliver the rest of the cargo, ETA 19-December.RasGas’ Wilforce lifted a backhaul cargo at Ras Laffan on 11-November and is now making her laden voyage towards the terminal, ETA 29-November.Total’s Arctic Lady is still expected at Zeebrugge with her Ras Laffan-sourced cargo, ETA 17-November.

Kpler LNG (Torben Spirit’s Diversion)

Diversions of the Week

Torben Spirit was intially heading into the Atlantic Ocean carrying a Sabine Pass-sourced cargo. She diverted on 8-October south after Cuba and has now crossed the Panama Canal.

Angola LNG’s Sonangol Sambizanga was heading towards South America with her Soyo-sourced cargo. She diverted on 9-October towards the Cape of Good Hope.

Initially expected to deliver her Skikda cargo to Sines, SONATRACH’s Cheikh Bouamama returned after crossing Gibraltar and delivered her cargo at Cartagena instead. According to the Port Authority sources, her next Algerian cargo will be delivered to Barcelona on 21-October.