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Low-priced UK LNG

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Feb 5 (LNGJ) – Two more LNG cargoes are heading for Milford Haven port in the UK. The 160,000 cubic metres capacity vessel “Golar Kelvin” is scheduled to unload US shipment on February 10 at the Dragon terminal in Milford Haven in Wales from Freeport LNG in Texas, according to shipping data. The 210,185  cubic metres capacity carrier “Al Bahiya” will then deliver a cargo on February 12 to the UK South Hook terminal in Milford Haven from Ras Laffan in Qatar.

   Cargoes are heading for the UK and other European destinations amid record low winter season prices. The UK National Balancing Point price was last at around $3.05 per million British thermal units and the main price on Continental Europe, the Dutch Title Transfer Facility (TTF), was at the equivalent of $3.00 per MMBtu.