UK LNG news

Ancala has announced its acquisition of a 50% interest in Dragon LNG.

The key objectives of these awards are to shine a light on the newcomers and smaller players in the LNG value chain and, in particular, encouraging nominations from resource holders, buyers, partners and FSRU providers.

The Grain LNG import terminal in the UK has announced that up to 350 GWh/d (8.3 million tpy) of redelivery capacity, 390 000 m3 of associated storage and over 100 berthing slots could be made available at the terminal in 2025.

The Government of Gibraltar has announced that a new LNG regasification terminal recently completed by Shell and Gasnor has officially opened.

AES has announced that it has entered into agreements to sell its interests in six power plants in Jordan and the UK for total proceeds of US$211 million.

According to Reuters, Vitol – the energy trading house – has announced that it is moving its LNG trading team from Geneva, Switzerland, to London, UK.

According to Cornwall Insight, 1Q19 saw a significant change to the UK’s gas supply mix, as gas interconnector imports have started to become displaced by a surge in LNG imports.

Britain has recorded its highest levels of LNG imports in March since October 2015.

Calor has enhanced its UK refuelling network for natural gas-powered trucks by upgrading its Aust LNG facility, near Bristol.

Asian LNG spot prices have fallen below the UK’s current gas price, prompting the redirection of several LNG cargoes from Asia to Europe.