LONDON: Britain is set to receive a rare shipment of liquefied natural gas (LNG) sourced from Australia and Oman later this month, as countries across Europe strive to secure enough supplies ahead of winter.
European nations are seeking to diversify energy supplies following Russia's invasion of Ukraine and a sharp drop in Russian gas flows to the continent.
LNG tanker Attalos, with a capacity of 174,000 cubic meters, is set to arrive at Britain's Isle of Grain terminal on Aug. 22, according to data and analytics firm Kpler.
"The (LNG tanker) Patris was the original vessel that loaded at the North West Shelf liquefaction plant in Australia. It did a ship-to-ship transfer with the Attalos in Malaysian waters, and the Attalos is now headed to the UK," said Laura Page, senior LNG analyst at Kpler.
Australian cargoes are rare in Europe due to the massive cost related to the distance, and due to high demand from Asian buyers.
In addition to the Australian cargo, Attalos picked up the rest of the volumes via ship-to-ship transfer at Linggi, Malaysia, from the BW Lesmes tanker which was laden with an Omani cargo, said Olumide Ajayi, senior LNG analyst at Refinitiv.
It was not clear how much volume it got from each tanker. An average LNG cargo size is 70,000 tonnes.
"Both destinations are very rare, Australian cargoes to the UK were last seen some six years ago, while this is the first time the UK is receiving an Omani cargo," he added.
Britain is home to three of the largest LNG terminals in Europe - two terminals at Milford Haven and another at the Isle of Grain - where the super chilled fuel is converted back into gas, with some volumes transferred via pipeline to mainland Europe.
European LNG imports from January to July reached a record above 100 billion cubic meters (bcm), or 75 million tonnes, almost reaching the level for the whole of 2021. Most of these exports came from the United States.
In the first half of this year, the United States exported about 57 bcm of gas as LNG, with 39 bcm, or 68%, going to Europe, compared with 34 bcm, or 35%, of LNG exports shipped to Europe for all of 2021, according to Refinitiv data.
Reuters
Fri Aug 19 2022
Australian cargoes are rare in Europe due to the massive cost related to the distance, and due to high demand from Asian buyers. - REUTERS/Filepic
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.