Dutch Gate adds July LNG cargo
The Netherlands' 8.7mn t/yr Gate LNG terminal is expected to receive another Russian cargo this weekend, which may boost sendout.
The 172,600m³ Nikolay Yevgenov is scheduled to arrive on 11 July, the Rotterdam port authority's schedule shows. The tanker left the Russian 17.44mn t/yr Yamal export facility in the Sabetta peninsula on 4 July, having returned from unloading a cargo at France's Dunkirk terminal on 23 June.
Gate LNG sendout has accelerated so far this month to clear space for Algerian and Russian cargoes. Regasification was 172 GWh/d on 1-7 July, up from just 26 GWh/d in the second half of June. And regasification may have to hold quick to accommodate a full cargo from the Nikolay Yevgenov. Stocks were 3.5TWh as of yesterday morning, close to the 3.8TWh at which they have peaked in recent years.
No laden tanker docked at Gate between 7 June and 3 July — excluding the 172,600m³ Boris Davydov, which transshipped a cargo. This prompted a sharp fall in regasification, which held below 10 GWh/d on 13 days over the period, even falling to just above minimum boil-off of 4 GWh/d at times.
Related news posts
Business intelligence reports
Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.
Learn more