Reuters are reporting that British prompt gas prices rose on 18 August as falling imports from Norway and low send-out from LNG terminals created an undersupplied market.
British within-day gas price rose by 0.75 pence to 43.55 pence/therm.
Day-ahead gas price up 1.10 pence at 43.85 p/therm.
Send-out from LNG import terminals remains low but will likely pick-up ahead of the arrival of the Umm Slal tanker at the South Hook terminal.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/18082017/prices-firm-on-reduced-lng-supply/
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According to Reuters, a joint venture of Exxon Mobil Corp. and Qatar Petroleum is among 12 other parties that have expressed interest in constructing the first onshore LNG import terminal in Bangladesh.
