uk’s south hook to get first nonqatari lng tanker
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UK’s South Hook to get first non-Qatari LNG tanker

Arab Today, arab today

Arab Today, arab today UK’s South Hook to get first non-Qatari LNG tanker

LNG heading to northwest Europe .
London - Arab Today

Britain’s South Hook liquefied natural gas (LNG) terminal is scheduled to receive its first tanker of LNG not supplied by Qatar at the end of this month.
Commodities trader Vitol said it would import LNG in the Yari tanker into South Hook on Oct. 31. The tanker is coming from the Sabine Pass LNG terminal in the US.
The South Hook LNG Terminal, located in Milford Haven in west Wales, has received LNG from Qatar since it became operational in 2010, where it is regasified and delivered into the gas grid. It can provide around 20 percent of Britain’s natural gas needs.
Qatar is the leading LNG exporter to Britain but it has also found new demand from countries such as Pakistan, Poland and Turkey.
South Hook has been upgraded so it can receive LNG that is not just from Qatar. The shareholders in the South Hook LNG Terminal Company are Qatar Petroleum, Exxon Mobil Corporation and Total.
South Hook Gas is responsible for managing the terminal’s import capacity.
Elsewhere, Asian spot prices for liquefied natural gas fell to a more than two-month low this week amid increased supply and lower demand especially in Japan, which is expecting a warmer-than-usual winter and the restart of nuclear reactors.
High freight rates are also weighing on Asian demand, with deliveries of LNG heading to northwest Europe instead.
December spot LNG fell to the lowest since Aug. 10.
Illustrating the tepid demand, a fleet of half-a-dozen tankers carrying unsold LNG has been floating in Singapore and Malaysian waters for up to two weeks, traders said this week.
The ships are carrying a total of around 1 million cubic meters of LNG, worth more than $200 million at current spot market prices.
The LNG cargoes were purchased ahead of the northern hemisphere winter season in a strategic move but are now
failing to find buyers, several traders told Reuters.

From: Arabnews

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uk’s south hook to get first nonqatari lng tanker uk’s south hook to get first nonqatari lng tanker

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uk’s south hook to get first nonqatari lng tanker uk’s south hook to get first nonqatari lng tanker

 



GMT 02:06 2017 Wednesday ,25 October

May22/Jun21

GMT 09:55 2017 Saturday ,30 December

rugby centre Fofana suffers new injury blow

GMT 08:56 2015 Sunday ,04 October

Nickel crisis rocks French islands in Pacific

GMT 01:34 2017 Wednesday ,18 October

Cameron makes case for Britain to join Syria air strikes

GMT 15:59 2017 Tuesday ,04 April

Slovakia must be part of European core

GMT 01:44 2017 Thursday ,03 August

Qatar celebrates World Arabic Language Day 2016

GMT 02:01 2017 Sunday ,08 October

June22nd-July23rd

GMT 21:16 2018 Thursday ,13 December

Egypt, Algeria sign MoU to increase trade exchange

GMT 05:31 2015 Sunday ,02 August

Tiger falters as Merritt, Chappell share PGA lead
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday