M a r k e t N e w s

Two More Nigeria LNG Cargoes Bound for Spain

Posted on : Monday, 17th August 2015

Two tankers carrying LNG from the Nigeria Liquefied Natural Gas (NLNG) are due to berth at Spanish regasification terminals today, according to ship tracking data. The 148,300 cu m LNG Imo vessel, according to PLATT, is due at Spain's 11.8 Bcm/year Cartagena terminal, while the LNG Ogun, with a capacity of 149,600 cu m, is expected at the seven Bcm/year Bilbao terminal.

The Imo was last seen passing Gibraltar while the Ogun is currently sailing through the Bay of Biscay. On Saturday, the 156,000 cu m WilForce, which also loaded a cargo at Nigeria LNG, reached the 8.8 Bcm/year Sagunto terminal, Eclipse data showed.
 
The two new confirmed arrivals will bring Spain's total LNG imports so far this month to 960,000 cu m in eight cargoes, according to nominations from Spanish transmission system operator Enagas. Some 16 cargoes carrying a total of nearly 1.9 million cu m of LNG are nominated to arrive in Spain this month, latest Enagas figures showed. Stock levels at Spanish LNG terminals are pegged at 626 million cu m as of Sunday, 43 per cent lower than the 1,092 million cu m at the same time last year.
 
Average daily injection in the month to date is 40 million cu m, only 1 million cu m shy of the 41 million cu m/day averaged throughout last August.
 

Source : allafrica.com
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