Heren LNG Markets aily - Chemical Industry News & … · India DES December '14 11.000 0.000 I ... onward transmission or copying of LNG Markets Daily in either its electronic or

LMD 5224 | 11 November 2014 | wwwiciscomenergy

ICIS accepts no liability for commercial decisions based on the content of this report Unauthorised reproduction onward transmission or copying of LNG Markets DShould you require a licence or additional copies please contact ICIS at energyinfoiciscom copy2014 ICIS

SPOT LNG ndash EAST ASIA INDEX (EAX)

SPOT LNG ndash EAST ASIA HALF MONTH INPUTS

Location Dec 14 Day on day d

1H Dec 2014

Day on day diff

Data Used

2H Dec 2014

Day on day diff

Data Used

1H Jan 2015

Day on day diff

Data Used

2H Jan 2015

Dd

EAX 11325 -0012

EAX 11275 -0025 I 11375 0000 I 11338 -0025 I 11425 0

Japan 11350 0000 I 11400 0000 I 11400 0000 I 11450 0

South Korea 11150 -0050 I 11300 0000 I 11250 0000 I 11350 0

China 11300 -0050 I 11400 0000 I 11350 -0050 I 11450 0

Taiwan 11300 0000 I 11400 0000 I 11350 -0050 I 11450 0

EAST ASIA SPOT BIDS AND OFFERS

BidOffer Delivery Period Price O

Offer H2 January 11900 Pac

MARKET COMMENT

Algeria-sourced spot LNG cargo heads to Brazil

The 140000 cubic metre (cbm) Galicia Spirit is destined for Brazil for a mid-November de-livery carrying a cargo sourced from Arzew Algeria shipping information shows

The Galicia Spirit which is understood to be under control by Spainrsquos Endesa loaded from the Sonatrach-operated facil-ity on 4 November This may indicate a likely spot delivery from Endesa to Brazilian state-controlled Petrobras

The vesselrsquos exact port destination could not be immediately confirmed but the Gali-cia Spirit previously delivered a cargo from Portugalrsquos Sines terminal in late October ac-cording to vessel data

The 138000cbm British Merchant is also expected to arrive into Brazilrsquos Guanabara Bay on 17 November The BP-controlled vessel is carrying a cargo loaded from BPrsquos offtake capacity at Atlantic LNG

This marks the fourth delivery spotted for November earmarked for the Brazilian state-run energy company

The slowdown in northeast Asian de-mand has led to an increase of offers shown to Petrobras but purchases previously com-mitted months in advance and a limitation of storage capacity in the countryrsquos three float-ing storage and regasification units (FSRU) has prevented Petrobras from absorbing more of the length in the market

Market continues to remain bearishDespite the apporoach of the winter season which has traditionally supported demand across northeast Asia trading activity remains sporadic in the region traders said

The buyers in the market are largely well-supplied and current opportunities in the market are seen as a result of steep ❯❯ Page 4

SPOT LNG ndash REGIONAL INDICES

Location Dec 14 Day on day

South America (SAX) 11297 -0287

Mediterranean (MDX) 10917 0000

NW Europe (NEX) 8490 -0013

Iberia (IBX) 10693 -0016Methodology The ICIS Heren Regional Indices are calculated averages of the individual Dmethodology is the same as for the EAX and these indices are also a continuation of theassessments used for each monthly index are published in the SPOT DES ASSESSMENTS

Methodology The ICIS Heren Regional Indices are calculated averages of the DES asseassessments used for each monthly index are published in the SPOT DES ASSESSMENTprovided for the EAX in addition to the two full front month indices See table belowHeren Pool Price series published since 8 June 2010 The methodology is unchanged month Regional Indices for other locations are published at the bottom of this page F

SPOT LNG ndash KEY ICIS ASSESSMENTS

Location DESFOB Deliveryloading period

Spain Reload FOB 15-45 days

West Africa FOB 20-40 days

India DES December 14

Argentina DES December 14

CHARTER RATES

Steam Day on day diff Data use

Atlantic prompt 52000 0 I

Pacific prompt 48000 0 I

Mid-term 45000 0 I

Data used key B ndash Bidoffer T ndash Transaction S ndash Spread F ndash Fundamentals I ndash Interpolationextrapolation The keyto make the assessment

Published on the ICIS Dashboard at 1000

LMD 5224 | 11 November 2014 | Published by ICIS | wwwiciscomenergy | 4 Pages

Energy Prices News Analysis

Heren LNG Markets Daily

aily in either its electronic or hard copy format is illegal

1

$MMBtu

$MMBtu

iff Jan 15 Day on day diff

ay on ay diff

Data Used

1H Feb 2015

Day on day diff

Data Used

11381 -0013

000 I 11675 0000 I

000 I 11700 0000 I

000 I 11600 0000 I

000 I 11700 0000 I

000 I 11700 0000 I

$MMBtu

rigin Destination

ific Basin Japan

$MMBtu

diff Jan 15 Day on day diff

11543 -0230

10983 -0050

8699 -0020

10755 -0023ES assessments for each country within the region The

Pool Price series published since 8 June 2010 The individual table on page 2 of this report Full methodology document

ssments for each country within the region The individual S table on page 2 of this report Five half-month inputs are The ICIS Heren Regional Indices are a continuation of the ICIS except for the roll date moving forwards to the 16th of the ull methodology document

$MMBtu

Price Day on day diff Data used

11000 0000 I

10700 -0100 I

11000 0000 I

11250 -0360 I

$d

d TFDE Day on day diff Data used

72000 0 I

65000 0 I

60000 0 I

codes represent the primary data type used

syj
Stamp

ICIS accepts no liability for commercial decisions based on the content of this report Unauthorised reproduction onward transmission or copying of LNG Markets Daily in either its electronic or hard copy format is illegal Should you require a licence or additional copies please contact ICIS at energyinfoiciscom copy2014 ICIS

2LMD 5224 | 11 November 2014 | wwwiciscomenergy

MarketsShipping

SPOT DES ASSESSMENTS $MMBtu

Location Dec 14Day on day

diff Data UsedEAX

Spread NBP Spread Jan 15Day on day

diff Data UsedEAX

Spread NBP Spread

Japan 11375 0000 I 0050 2651 11425 0000 I 0044 2431

South Korea 11225 -0025 I -0100 2501 11300 0000 I -0081 2306

China 11350 -0025 I 0025 2626 11400 -0025 I 0019 2406

Taiwan 11350 0000 I 0025 2626 11400 -0025 I 0019 2406

Singapore 11150 -0100 S -0175 2426 11200 -0100 S -0181 2206

Thailand 11200 -0050 S -0125 2476 11100 -0050 S -0281 2106

India 11000 0000 I -0325 2276 11100 0000 I -0281 2106

Dubai 10000 0000 F -1325 1276 10150 -0050 F -1231 1156

Kuwait 9900 -0100 F -1425 1176 9900 -0100 F -1481 0906

Turkey 11000 0000 F -0325 2276 11100 -0100 F -0281 2106

Greece 10850 0000 F -0475 2126 10850 -0050 F -0531 1856

Italy 10900 0000 I -0425 2176 11000 0000 I -0381 2006

Spain 10743 -0016 I -0582 2019 10805 -0023 I -0577 1811

Portugal 10643 -0016 I -0682 1919 10705 -0023 I -0677 1711

Netherlands 8384 0001 I -2941 -0340 8521 -0003 I -2860 -0473

Belgium 8389 -0020 I -2936 -0335 8560 -0032 I -2821 -0434

France 8637 -0016 I -2688 -0087 8902 -0023 I -2479 -0092

Britain 8549 -0016 I -2776 -0175 8812 -0023 I -2569 -0182

US Gulf 10170 -0100 I -1155 1446 10890 -0020 I -0491 1896

Chile 11320 -0250 I -0005 2596 11690 -0120 I 0309 2696

Brazil 11320 -0250 I -0005 2596 11490 -0420 I 0109 2496

Argentina 11250 -0360 I -0075 2526 11450 -0150 I 0069 2456

FOB RELOAD ASSESSMENTS $MMBtu

Dec 14Day on day diff

Zeebrugge 1100 000 I

US Gulf 1057 000 I

SPOT FOB ASSESSMENTS $MMBtu

Location PriceDay on day

diff

Middle East 10670 0050 I

North Africa 10640 -0110 I

West Africa 10700 -0100 I

Far East 11030 0000 I

Trinidad 10520 -0050 I

Northeast Asia 11100 0030 I

Australia 10500 -0100 I

Northern Europe 10210 -0270 I

The EAX spread value represents the individual DES assessment for the contract minus the EAX price for corresponding period The NBP spread represents the individual DES assessment for the contract in question minus the ICIS Heren benchmark NBP assessment published in European Spot Gas Markets on the day prior to publication

Australia West Africa and Trinidad FOB prices are assessed using transactions bidoffer information tender information and other relevant pricing information The loading period is 20-40 days ahead of the publication date Remaining FOB assessments are derived using a model that builds incremental forward curves using ICIS DES assessments FOB prices are established using the highest netback value achievable globally from the 20-40 day loading window according to this model Netback values are calculated using shipping rates for tri-fuel diesel electric vessels Full methodology document

Data used key B ndash Bidoffer T ndash Transaction S ndash Spread F ndash Fundamentals I ndash Interpolationextrapolation The key codes represent the primary data type used to make the assessment

LATEST GLOBAL SPOT TRANSACTIONS $MMBtu

Transaction date Delivery Period Price Origin Destination

7-15102015 09112014 $1150-$1200 Snohvit Aliaga

01-15082014 01-31102014 TBC TBC Hazira

TBC 8-15112014 TBC Bonny Brazil

20-25102014 15-31012015 $1400-$1420 TBC Japan

20-25102014 07-21012015 $1400-$1420 TBC Japan

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MarketsShipping

KEY OIL AND GAS PRICES $MMBtu

Location Price Diff

ICIS Heren NBP Dec 14 8724 -0016

ICIS Heren NBP Jan 15 8992 -0023

ICIS Heren Zeebrugge Dec 14

8474 -0021

ICIS Heren Zeebrugge Jan 15

8649 -0032

ICIS Heren Japan Import Dec 14

15200 0000

ICIS Heren Japan Import Jan 15

13940 -0052

Latest Published JCC Sep 14

17927 0000

NYMEX Henry Hub Dec 14

4255 -0157

NYMEX Henry Hub Jan 15

4351 -0156

ICIS Brent Dec 14 14208 -0185

ICIS Brent Jan 15 14215 -0287

NYMEX WTI Dec 14 13385 -0216

NYMEX WTI Jan 15 13381 -0211

National Grid revised its demand forecast for the working week upwards over the weekend with consumption slightly above seasonal norms compared with Friday forecasts that demand would remain 10 million cubic metre (mcm) below average this week

Forecaster WSI predicted temperatures between -1degC and +1degC of seasonal averages for the next seven days

The weekend saw the first flows from Centricarsquos Rough storage facility this winter period with the sites withdrawing at a rate of over 20mcmday on Saturday about a week later than in the previous year

However this may not yet materialise into strong outflows from the facility with the site not delivering gas into the system on Monday

The South Hook LNG terminal was delivering at 29mcmday at 1500 with a Qatari tanker docked at the facility over the weekend One tanker is due to arrive at the facility on Wednesday and another next Monday prompting expectation of continuing strong supply

The near curve edged lower in the session while the far curve rose possibly on an earlier rally in the oil market a driving factor due to the continuation of oil indexation on some long-term deals

NYMEX natural gas futures began the new trading week in bearish fashion sliding by up to 4 on turbulent recent trading activity

The December rsquo14 front-month contract settled the day down by $016MMBtu at a four-session low of $426MMBtu Bearish senti-ment brought the front month down from the four-month highs reg-istered at the end of the previous week The fall broke the nine-session winning streak which had restored gas futures above the $400MMBtu mark from the 11-month low registered just 10 sessions ago

Early 2015 contracts also fell in line with the front month while contracts with expiry dates over the remainder of the year closed lower by an average of $007MMBtu The difference between the March and April 2015 contracts remained high at $044MMBtu despite the price fall

Near-term demand fundamentals remain strong with sub-freezing temperatures predicted across high-demand regions east of the Rock-ies However the fall registered over 10 November may show the market correcting itself in the face of record production levels and high gas in-tank storage levels

NBP COMMENT NYMEX COMMENT

IFO 380 IFO 180 MDO

PriceDay on day diff Price

Day on day diff Price

Day on day diff Updated

SINGAPORE 48300 1900 50000 1900 72400 1000 11112014ROTTERDAM 44700 750 47050 1100 na na 11112014HOUSTON 44900 300 55950 -200 na na 11112014FUJAIRAH 47800 700 52100 1400 na na 11112014

BUNKERS SPOT DELIvERED PRICES $tonne

Source Bunkerworld

Additional fields and history are available via the ICIS FTP service These include additional deliverylifting details and tender participants

AvAILABLE FOR CHARTER

Lobito Angola LNG H2 November open 160000 Atlantic basin Cold

Clean Ocean Dynagas Prompt open 162000 Pacific basin Cold

Asia Energy Chevron Prompt open 160000 Pacific basin Cold

Hoegh Gallant Hoegh Prompt 60 days 170000 Pacific basin Warm

Yari LNG Cardiff Marine Q4 open 160000 Pacific basin Warm

Ship nameEffective control

Availability window Period Size cbm Location Tanks

Sell IEC DES Hadera 1 122015 2802201503112014-05112014

18112014 Open 6112014

Sell PNG DES Port Moresby 2 1122014 31122014 27102014 7112014 Open 7112014

Buy KOMIPO DES Gwangyang 1 15122014 31122014 13102014 24102014 Awarded 25102014

Sell NWS LNGDES or

FOBDampier 2 30112014 11122014 20102014 27102014 Awarded 7112014

Sell PNG DES Port Moresby 2 17112014 15122014 TBC 14102014 Awarded 20102014

LATEST GLOBAL LNG TENDERS 11 NOvEMBER 2014

Buysell Tenderer

Shipping basis Location

No of cargoes

DeliveryLifting start

DeliveryLifting end

Tender open

Tender close Status

Information updated

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News



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ICIS Customer Support+65 6588 3955 (Asia amp Middle East) +44 20 8652 3335 (Europe amp Africa) +1 888 525 3255 (toll free US amp Canada) or +1 713 525 2613 (Americas) csciciscom

ICIS Compliance and Methodologywwwiciscomcompliance

PublisherChristopher Flook Managing Director ICIS

Editor LMDRoman Kazmin +65 6480 4360 romankazminiciscom

Head of GasBen Wetherall +44 20 7911 1786 benwetheralliciscom

Director Global Energy MarketsLouise Boddy +44 20 7911 1948 louiseboddyiciscom

Editorial Director Europe amp AmericasStephen Burns +1 713 525 2611 stephenburnsiciscom

vice President of Sales Douglas Strien +44 20 7911 1919

energysalesiciscom

Head of Sales Richard Haddrell

Product DirectorSimon Platt +44 20 7911 1957 simonplatticiscom

Senior Marketing ManagerKirsty Fleck +44 20 8652 8377 kirstyfleckiciscom

Head of Design and ProductionAlexis Rendell

Global Production Editor Louise Murrell +44 20 8652 8139 louisemurrelliciscom

Global Chief Copy EditorLewis Harper +44 20 8652 4958 lewisharpericiscom

❯❯ Continued from page 1

discounts that sellers are offering with car-goes for January delivery marked at between $1100-1150MMBtu

The number of cargoes available for deliv-ery in both December and January is around five for each month The seasonal demand has proven to be weak so far this year

However one trader said that it is difficult to speak of real seasonal buying without any buyers actually seeing the winter tempera-tures yet

ldquoMost buying in Japan is based on weath-er projections and historical data We havenrsquot really seen any winter temperatures yet so whatrsquos happening now is hardly indicative of the seasonal demandrdquo one Europe-based seller said

In the mid-term however most traders remained bearish saying that production from three projects in eastern Australia could cause oversupply if they start according to schedule

APLNG project in particular is said to be likely to introduce volumes on the spot mar-ket as production is due to start in mid-2015 while long-term contracts will not commence until 2016

ldquoAny additional length on this market could drive prices lower especially past win-ter The demand hasnrsquot been able to keep up with supply and thatrsquos currently reflected in the pricesrdquo a Singapore-based trader said

The same trader said that some sellers are now taking short positions for deliveries in 2015 as they expect prices to slide further

Tohoku to receive Total LNG cargoFrench oil and gas company Total sold a cargo to Japanese utility Tohoku Electric for late December delivery two traders said

The deal struck last week was done in the high $1100sMMBtu on a DES (delivered ex-ship) basis said one trader in the Pacific and another in the Atlantic The shipment will arrive in Japan in late December one of the traders said

A Tohoku representative did not immedi-ately reply to requests to confirm the deal A Total representative was not immediately available for comment

Tohoku and other small Japanese utilities with limited storage tank space will need to procure LNG on a prompt basis to meet winter demand traders said

Larger buyers in the region such as To-kyo Electric (TEPCO) and Kansai Electric are

not expected to require LNG supply until late January

KOMIPO awards partial cargo tender South Korearsquos state-run utility Korea Midland Power Company (KOMIPO) awarded a cargo in a tender to an LNG trading company

KOMIPO closed the tender for a single partial cargo on 24 October scheduled to ar-rive in Gwangyang in second half December according to published tender details

KOMIPO declined to discuss the price of the cargo nor the trading company that would be supplying it Market sources said offers had been heard in the low $1300sMMBtu although this could not be immedi-ately confirmed

Yari LNG released from sea trials The newbuild 160000cbm Yari LNG has been released from the shipyard and is now heading south through the South China Sea

The vessel left the South Korean shipyard last week around 5 November and headed southwest toward the Indian Ocean

The tri-fuel diesel electric (TFDE) vessel is owned by Greek shipping company Cardiff Gas Its charter is understood to be still open

A shipping source said the delivery of the vessel was heard to have been delayed as much as possible but was finally released from the shipyard

Yari LNG was due to be delivered from South Korean shipbuilder DSME in 2014

Chugoku Electric has begun the restart of its 1GW Shin Onoda power plant this month after repairing a conveyer belt damaged in an August fire the company said

The blaze at the coal-fired plant forced Chugoku to enter the LNG spot market for fuel to power its other generators Chugoku based in Hiroshima supplies power to Japanrsquos south western region

Chugoku started one of Shin Onodarsquos 500MW coal-fired facilities on 8 November the company said in a press release It plans to restart the other generator around 20 No-vember the company added

Chugokursquos LNG procurement between April and September rose 22 compared to the same six-month period the year before to 138m tonnes the company said in its latest earnings report Its LNG consumption during

the same period rose 18 year over year the company said

Chugokursquos crude oil consumption fell 73 the utility said in its financial statement Japanrsquos utilities are reducing the amount of oil they use to power their generators meaning that any changes in electricity demand could have a greater direct influence on their LNG and coal purchasesBen Lefebvre

Chugoku Electric restarts Shin Onoda plantPublished on the ICIS Dashboard at 1000

Most traders remained bearish as production from

three projects in eastern Australia could cause oversupply if they start according to schedule


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321

GLM 1043 | 6 November 2014 | wwwiciscomenergy

ICIS accepts no liability for commercial decisions based on the content of this report Unauthorised reproduction onward transmission or copying of Global LNG Markets in either its electronic or hard copy format is illegal Should you require a licence or additional copies please contact ICIS at energysalesiciscom

1

Prices amp DataNewsMarket Report

GLM 1043 | 6 November 2014 | Published by ICIS | wwwiciscomenergy | 26 Pages


Heren Global LNG Markets

December and January prices fell to below $1200MMBtu this week across key LNG importing markets amid ongoing oversupply Israel issued a buy tender as the Dominican Republic lined up 2015 cargoes 2

GAIL enters final negotiations for US Sabine Pass FOB sale 9Turkish trucked LNG industry seeks growth in SE Europe 11Focus 17GLM Comment 26

Shipping costs and netback values 4Charter rates and bunker prices 5Global LNG tenders 6Trades ex-ship and free on board 7Stocks 14-15Tanker Movements 19-25

SPOT deS PriceS $MMBtu

Location dec 14Week-on-week diff Jan 15

Week-on-

week diff

eAX 11725 -1800 11838 -1975Japan 11750 -1800 11875 -1975

india 11100 -1150 11250 -1250

Spain 10626 -0546 10653 -0552

Britain 8435 -0535 8663 -0541

Argentina 11890 -1400 11880 -1590

FOrWArd GAS MArKeTS UK NBP (iciS) $MMBtu

dec 14 8607 9153 -0546 11352 -2745

Jan 15 8840 9392 -0552 11555 -2715

Feb 15 8893 9455 -0561 11571 -2677

Mar 15 8660 9202 -0542 11165 -2506

Apr 15 8408 8798 -0390 10656 -2248

May 15 8150 na na 10227 -2077

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year

FOrWArd GAS MArKeTS US heNry hUB (NyMeX) $MMBtu

dec 14 4194 3788 0406 3466 0728

Jan 15 4287 3871 0416 3551 0736

Feb 15 4253 3866 0387 3567 0686

Mar 15 4167 3799 0368 3558 0609

Apr 15 3810 3614 0196 3550 0260

May 15 3780 3595 0185 3578 0202

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year

cONTrAcT GAS MArKeTS (iciS) $MMBtu

december 14 10288 15200

January 15 10299 13970

February 15 10309 12744

March 15 10273 12449

April 15 10346 12532

May 15 10332 12611

NW europe Oil - indexed

Japan import

Japanrsquos Chubu to buy GDF SUEZ LNG on Asia spot price Paris-headquartered energy firm GDF SUEZ has signed a two-year contract with Japanese utility Chubu Electric for the sale of 12m tonnes of LNG Chubu announced on 6 November

GDF SUEZ will send the supply via 20 shipments of about 60000 tonnes each on a delivered ex-ship (DES) basis Chubu said at a press conference during the LNG Producer-Consumer Conference in Tokyo

The LNG will come from multiple GDF SUEZ projects in Yemen Algeria Nigeria and Trinidad Chubu Electric fuels manager Hiroki Sato said

GDF SUEZ will start shipments in January 2015 Chubu said The contract will be partly

linked to an Asian spot LNG price index Chubu declined to specify which price index it used in the contract

Chubu is seeking to increase the propor-tion of its LNG contracts that include links to spot-price indexes Chubu president Akihisa Mizuno said during a presentation at the conference

The tone of the global market has stead-ily changed in recent months with more talk emerging of gas and hybrid price indexation and buyer consortia especially in Asia

Chubu has committed to a chunk of equity funding for the first US Freeport LNG train which could start producing in 2018 Ben Lefebvre

Pemex eyes switch to Mexico exports by 2021Mexicorsquos state oil and gas company Pemex has set its sights on launching the countryrsquos first LNG exports early next decade through a liquefaction plant planned for the southwest coast

The company intends to begin LNG exports in 2021 from a liquefaction plant planned for Salinas Cruz in Oaxaca state presented in a proposal by Pemexrsquos head of natural gas Jorge De la Huerta at an event in Houston on 5 November

From there LNG volumes can be trans-ported to markets in northeast Asia and South America

The facilityrsquos Pacific coast location will give the project a competitive shipping dis-tance advantage when compared with LNG facilities currently under construction for the US Gulf coast De la Huerta said

LNG volumes could be delivered to con-sumers in Asia priced at $9-10MMBtu a source close to the project told ICIS

The Salinas Cruz project has a proposed 5mtpa capacity based on the construction

of either one of two liquefaction trains Total investment in the facility has been estimated at between $5bn-$7bn

Gas for the plant will be transported from currently producing assets on the east coast of Mexico through a newbuild 156-mile pipeline linking the countryrsquos two coastlines A 36-inch pipeline with capacity to transport up to 1 billion cubic feet (bcf)day will be constructed by Pemex in association with the private sector

Approximately 075bcfday in pipeline capacity will be destined for the LNG export project while 025bcfday will be sent to Pemexrsquos existing Salinas Cruz refinery and a co-generation power project proposed for the site

Natural gas imported through pipelines linking to the southern US will allow the gas to be diverted from Mexicorsquos east coast

ldquoWe have around 3 bcfday of natural gas being produced in the south east of the country When pipelines linking to the US are completed we will be able to ❯❯ Page 12

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Back to contents


2GLM 1043 | 6 November 2014 | wwwiciscomenergy

The persistent lack of higher winter demand profiles from LNG importers con-tributed to a major drop in spot prices this week with key December and January import markets falling to below $1200MMBtu

The results of an Australian sell tender brought greater price transparency to the falling market

Buying interest from the markets of Ja-pan South Korea and China are weak with the situation similar in South America amid reports of a vessel being diverted away from Argentina due to low demand

The ICIS East Asia Index (EAX) for Decem-ber fell to $11725MMBtu by 6 November a loss of $180MMBtu over the week and with Januaryrsquos premium fading to just $0113MMBtu Compared to this time last year the December price is down by $600MMBtu and is almost $200MMBtu below 2012

In both those years the EAX had risen to above $2000MMBtu for March delivery towards the end of the east Asian winter period Current supplydemand fundamen-tals indicate that a repeat of this trend looks unlikely

Pockets of demand emerged including Israel and Turkey but these do not represent major selling opportunities

Caught in the middle of the downturn were Spanish sellers with high domestic LNG stocks and falling margins

One factor potentially stemming the downturn was the limited regional availability of shipping

In the charter market the supply imbal-ance between Atlantic and Pacific basins underpinned the difference in geographical charter rate spreads with the former holding a clear premium in the short-term market

But the bearish LNG supply tone remained clear with much cheaper prices also heard on a free on board (FOB) basis especially from Trinidad A number of Qatari cargoes were heard to be on offer too

Amid the weakness the market awaits the start-up of Australian liquefaction in 2015 with BGrsquos QCLNG plant due to start produc-tion in December

In the background Brent crude prices continued to dip sitting more consistently below $8500bbl over the week The last three-month front-month average is now close to $95bbl down by almost $15bbl from the preceding three-month average

Looking further ahead Dominican Re-public power generator AES Dominicana was understood to have completed the purchase of four cargoes for delivery in 2015 following a recently-closed tender

Prices were pegged within a $1200-1400MMBtu range with one cargo to be delivered each quarter The company has pre-viously bought from majors BP and Shell

Market Report

December and January prices fell to below $1200MMBtu this week across key LNG importing markets amid ongoing oversupply Israel issued a buy tender as the Dominican Republic lined up 2015 cargoes

OJO

IMA

GESREX

FEATU

RES

The ICIS EAX for December fell to $11725MMBtu

$600MMBtu down year on year

Big step-change down on LNG prices

❯❯

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Stamp

Market Report

Back to contents



NWS volumes add pressure Australiarsquos NWS was understood to have been awarded a free on board (FOB) price this week for late November at $1050MMBtu and a delivered ex-ship (DES) cargo of $1150MMBtu for mid-to-late December

The lack of buying interest from end-users triggered the expectation that sellers or port-folio participants would most likely be the successful parties in the tender award Mar-ket sources said London-headed EDFT was a potential winner but this was not confirmed

The fall in near-month spot prices led some sellers to talk as far forward as March in terms of trying to set up deals Little was cur-rently achievable into Japan South Korea and China although in the last-named market private gas distributor ENN was heard to have secured a cargo for late December

With the exception of an upward price rally in September the tone of the market has predominantly been weak over the second half of the year and even before Steady pro-duction and adequate stocks have cut buyer motivation to enter the spot market

Bids that would previously have been ruled out are now closer to market value This includes interest from India where gas network operator GAIL was understood to be probing the spot market for December cargoes at prices between $1000-1100MMBtu

Falling FOB The step-change down in the market became gradually clearer over the course of the week with further feedback on falling FOB prices from Trinidad A cargo was heard to have been sold at below $1100MMBtu ndash and potentially much lower

While weaker Asian markets have taken the headlines demand is also muted from South America with Brazil considered the only likely spot buyer at present But even Petrobras has seen improved access to com-peting fuels amid lower crude oil prices rising domestic gas output and rising hydro-electricity output

Falling prices have hit achievable netback prices although the lack of demand makes most calculations currently irrelevant Accord-ing to ICIS assessments the more efficient tri-fuel diesel electric (TFDE) vessels could permit an FOB price in the mid- to upper-$1000sMMBtu from Qatar into east Asian markets for prompt loading

israel issues tender Turkey active Mediterranean buyers ndash often at the edge of events within the global market ndash came to the fore this week

State-run Israel Electric Corporation (IEC) was understood to have tendered a cargo for delivery for next February with a deadline of 18 November

The 151000 Expedient is the countryrsquos current floating storage and regasifica-

tion unit following the departure of the 138000cbm Excellence in September

IEC last received a cargo in August from BP aboard the 151000cbm British Diamond from Trinidad Israel requires lean gas rather than richer specifications from providers such as Equatorial Guinea and Nigeria

Price spreads between all LNG importing markets narrowed in the past week Most Euro-pean countries saw falling domestic hub prices despite rising seasonal temperatures and had no need to try and secure cargoes Turkey was to receive its second November cargo late in the month shipping data showed

State buyer BOTAS expects the arrival of the 155000cbm Arctic Aurora at Aliaga on 27 November following the berthing of the 140000cbm Arctic Voyager at Aliaga on 9 November ship data indicates Some sources suggest one of the cargoes could represent a back-to-back trade between Statoil and Gunvor with the Swiss trader then selling to BOTAS to backfill a short position

Qatargas is expected to provide a string of cargoes to Turkey this winter alongside BP

Turkey and Greece could benefit from the falling global market should the price trend continue

Spain is sinking High LNG stocks and falling delivered prices put Spanish sellers in an increasingly difficult position this week with FOB prices from the Mediterranean country sliding and likely to fall further

Latest system operator data from Enagas showed a line up of eight reloads provisionally booked from Spanish terminals in December including four from Huelva Debate continued over the value of in-tank LNG a key element behind the viability of reload prices

The terminal at Barcelona is still to receive two vessels this month and with no reloads booked until the end of the year it looks likely to approach near full capacity

Given falling DES prices in Asia and South America any fresh back-to-back prompt re-load spot trade would have to be concluded at much lower prices with end users unlikely to be in the market in the short term at least

Elsewhere in Europe the UKrsquos Grain LNG terminal performed a first cool-down op-eration as capacity holder Centrica delivered LNG into the 125000cbm Wilgas this week

Centrica is understood to have chartered the vessel in the $30000sday for a 65-day round-trip voyage The vessel is expected to pick up volumes from another European port before heading east through Suez

regional charter imbalance The regional supply imbalance between available prompt vessels in the Atlantic and Pacific is continuing to underpin geographical charter spreads

There is effectively zero availability in the Atlantic Basin until the second

The NWS FOB price for late November

was heard at $1050MMBtu

❯❯

❯❯ Page 5

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Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422

Spot Netback Indications

TFde ShiPPiNG cOSTS FOr deceMBer 2014

Middle east North Africa West Africa Far east Trinidad Northeast Asia Australia N europe

TFde NeTBAcK VALUeS FOr deceMBer 2014


Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390

Singapore 10884 10013 10133 11389 9646 10904 11215 9537Map Ta Phut 10759 9886 10011 11334 9524 10914 11103 9409hazira 10777 9908 9704 10456 9291 9965 10353 9435

Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu

Blue shade denotes transit through Suez For further explanation of ICIS Shipping costs see the methodology

PRODUCING REGION NETBACKS FROM KEY MARKETS $MMBtu

SOURCE NYMEXUS Dept of Energy

0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain

AustraliaNortheast AsiaTrinidadFar EastWest AfricaNorth AfricaMiddle East

Huelva Bahia Blanca TokyoHaziraIsle of Grain

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Market Report ❯❯ Continued from page 3

BUNKerS SPOT deLiVered PriceS $tonne

iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO

Location 06112014 30102014 change 06112014 30102014 change 06112014 30102014 change

rOTTerdAM 43700 45650 -427 45900 48050 -447 na na na

hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d

Steam Week on week diff data used TFde Week on week diff data used

Atlantic prompt 52000 0 i 72000 0 iPacific prompt 48000 0 i 65000 0 iMid-term 45000 -5000 i 60000 -8000 iLong-term 50000 0 i 72000 0 i

half of November shipbrokers said The 160000cbm Lobito is still open once it dis-charges its Bonny-sourced cargo in Brazil on behalf of Total in mid-November although prospective charter interest is understood to be firming The diesel electric vessel is thought to be valued in the low-$70000sday though this could not be confirmed One of two other similar vessels open in the Atlantic in Novem-ber is being offered in the $80000sday

The Lobitorsquos sister vessel the 160000cbm Soyo is understood to shortly start a 90-day charter with UK-based BG Group The transaction is thought to have occurred around mid-October and would allow for a November cargo lifting In the meantime the 160000cbm Cubal subchartered by RWE has lifted a Spanish reload

Mid-term charter talks to set markerWest African producer Nigeria LNG (NLNG) is said to have rejected prices in its one-year charter tender above the $63000day mark

Following the close of a week-long tender window for up to five diesel electric ships on 15 October numerous shipowners have been told that ideas in the mid-$65000day were too expensive ICIS understands

Shipowners are factoring in the perceived values from security of employment over a bearish 12-month outlook However ship-owners are also aware that NLNG would be in a position to pay more than a trader on a comparable time horizon

ldquoWith NLNG there will be no idle time so they donrsquot mind paying a premium With traders sometimes you want a lower rate to compensate for idle time between bidding for volumesrdquo one shipbroker said

NBPEAX

$M

Mbt

u

EAST ASIA VS NBP FRONT-MONTH HISTORIC CLOSES

SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014

6 Oct5 Sep7 Aug8 Jul9 Jun7 May8 Apr7 Mar6 Feb7 Jan4 Dec5 Nov

HENRY HUB vs LNG PRICES 20132014


$M

MBt

u

Billions of cubic feet

Weighted average LNG import priceSettlement front-month Henry Hub LNG volume

0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013

NBP vs HENRY HUB DECEMBER rsquo14 CONTRACT $MMBtu

SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

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Tenders

LATeST GLOBAL LNG TeNderS 6 NOVeMBer 2014

Buysell Tenderer


No of cargoes

deliveryLifting start

deliveryLifting end

Tender open

Tender close Status

information updated

Sell IEC DES Hadera 1 01022015 28022015 03-05112014 18112014 Open 06112014

Buy KOMIPO DES Gwangyang 1 15122014 31122014 13102014 24102014 Closed 25102014

Sell NWS LNG DES or FOB Dampier 2 30112014 11122014 20102014 27102014 Awarded 21102014


Sell PERTAMINA TBC Bontang TBC TBC TBC29092014-30092014

01102014 Cancelled 16102014



Sell ADGAS FOB Das Island 1 13102014 15102014 18092014 22092014 Awarded 01102014

Sell STATOIL DES Snohvit 1 15092014 15102014 08092014 11092014 Awarded 12092014

Sell SAKHALIN ENERGY DES Sakhalin 2 15102014 15112014 20082014 TBC Awarded 11092014

Sell PNG DES Port Moresby 2 01102014 31102014 18082014 22082014 Awarded 25082014

Sell PFLE FOB Point Fortin 1 26092014 26082014 2708201401092014-03092014

Awarded 26092014

Sell TRINLING FOB Point Fortin 1 23092014 23082014 20082014 26082014 Awarded 04092014

Buy KOMIPO DES Gwangyang 1 01102014 31102014 14082014 21082014 Cancelled 04092014

Buy PTT DES Map Ta Phut 1 15092014 15102014 07082014 12082014 Awarded 19082014

Buy GAIL DES Dabhol Dahej 8 01012015 31122015 28072014 14082014 Closed 15082014


Sell PNG DES Port Moresby 2 01092014 30092014 TBC TBC TBC 10072014

Buy KPC DESMina Al Ahmadi

1 16082014 31082014 TBC TBC Awarded 07082014

Sell SAKHALIN ENERGY FOB Sakhalin 3 01072014 30092014 TBC09062014-13062014

Awarded 07082014

Buy ENARSAYPF DES Escobar 3 20082014 30092014 30062014 10072014 Awarded 14072014

Buy ENARSAYPF DES Bahia Blanca 2 01092014 30092014 30062014 10072014 Awarded 14072014


Buy PTT DES Map Ta Phut 1 01082014 31082014 23062014 25062014 Closed 26062014


1 15072014 30072014 TBC 24062014 Closed 25062014



Sell NWS LNG DES or FOB Dampier 1 16082014 21082014 26052014 09062014 Closed 10062014


Buy PTT DES Map Ta Phut 2 01072014 3107201426052014-30052014

02062014-04062014

Awarded 05062014

Sell ADGAS FOB Das Island 1 25052014 31052014 TBC 21052014 Awarded 26052014

Buy PTT DES Map Ta Phut 1 01062014 30062014 TBC 23052014 Closed 24052014

Buy PTT DES Map Ta Phut 1 01062014 30062014 TBC 08052014 Awarded 20052014

Sell NWS LNG DES or FOB Dampier 2 01062014 30062014 TBC28042014-02052014

Awarded 16052014

Buy Israel Electric Corp DES Hadera 1 01082014 15082014 09052014 21052014 Closed 12052014


Buy ENARSAYPF DES Escobar 3 01072014 1508201428042014-02052014

08052014 Awarded 12052014

Buy ENARSAYPF DES Bahia Blanca 3 09062014 3108201428042014-02052014

08052014 Awarded 12052014



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The information in this table is the most accurate obtainable by ICIS at the time of publication It does not necessarily represent deals confirmed by counterparties The information may be amended or updated in subsequent issues

deLiVered eX-ShiP TrANSAcTiONS

Buyer SellerTransaction

datedelivery period

Price $MMBtu

Vessel Origin destinationinformation

updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420

TBC TBC Japan 27102014

CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420


TBC BP TBC 05122014 TBC Celestine River Huelva Japan 01102014

BOTAS TBC TBC 27112014 TBC Arctic Aurora Snohvit Aliaga 06112014

BOTAS Statoil 7-15102015 09112014$1150-1200

Arctic Voyager Snohvit Aliaga 31102014

PETROBRAS TOTAL TBC 8-15112014 TBC Lobito Bonny Brazil 30102014

PETROCHINA EON 9-10102014 TBC$1400-1420

Kita LNG Spain China 15102014

ENARSA BP 18-22102013 29102014 TBC British Trader Point Fortin Bahia Blanca 15102014

RELIANCE INDUSTRIES

BP 01-15082014 27102014 TBC British Ruby Reganosa Hazira 15102014

PETROBRAS GDF SUEZ TBC 26102014 TBCGDF SUEZ Neptune

Point FortinGuanabara

Bay15102014

PETROBRASGAS NATURAL

FENOSA10102014 20102014

$1350-1400s

LNG Libra Point FortinGuanabara

Bay15102014

REPSOL GDF SUEZ TBC 20102014 $1400sGDF SUEZ

BostonPoint Fortin Canaport 21102014

PETRONET LNG

BG GROUP 01-15072014 19102014 $12-1230Maran Gas Apollonia

Bonny Kochi 02102014

CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395

TBC Bonny Japan 04092014

TEPCO PETRONAS TBC 14102014 TBC Seri Bijaksana Arzew Kisarazu 18092014

ENARSA TRAFIGURA 11072014 13102014$1050-1100

Lobito Ras Laffan Bahia Blanca 05092014

PETROBRAS ENDESA TBC 12-22102014 TBC Galicia Spirit Sines Brazil 21102014

AES DOMINICANA

SHELL TBC 11102014 TBC Gallina Ras Laffan AES Andres 13102014

PTT QATARGAS TBC 09102014 $1150 Tembek Ras Laffan Map Ta Phut 03102014

ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550

Polar Spirit Point Fortin Escobar 30092014

ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550

Iberica Knutsen Point Fortin Escobar 30092014

PETROBRAS BG GROUP TBC 07102014 TBCMaran Gas Posidonia


Bay03102014

TEPCO RWE TBC 06102014 TBC Soyo Snohvit Tokyo Bay 19092014

PETROBRAS STATOIL 11092014 04102014$1320-1330

Arctic Aurora Snohvit Pecem 03102014

RELIANCE INDUSTRIES

QATARI SELLER TBC 03102014 TBC Fraiha Ras Laffan Hazira 02102014

IOCL PETRONET LNG 25-29082014 03102014 TBC Al Sahla Ras Laffan Dahej 11092014

PETRONET LNG

QATARI SELLER 01-14082014 03102014 TBC Al Sahla Ras Laffan Dahej 11092014

PETROBRAS SHELL TBC 03102014 TBC Gemmata Point Fortin Pecem 10092014

CFEPEMEX TRAFIGURA 10052013 02102014$16-1700

MMBtuLNG Kano Bonny Manzanillo 12092014

ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550

Arctic Spirit Point Fortin Escobar 30092014

ENARSA SHELL TBC 1-15102014$1050-1100

Sestao Knutsen Ras Laffan Bahia Blanca 30092014

ENARSA GAZPROM TBC 1-15102014$1500-1550

Lena River Zeebrugge Bahia Blanca 27082014

GSPC BG GROUP TBC 01-31102014 TBC TBC TBC Dahej 01102014

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Free ON BOArd TrANSAcTiONS


dateLifting period

Price $MMBtu

Vessel Load Portinformation

updated

PETROBRAS TBC TBC 26102014 Cool Runner Point Fortin 28102014

KOCH TBC TBC 30092014Sonangol

SambizangaBarcelona 02102014

KOCH PFLE 03092014 26092014 $1220 Sonangol Etosha Point Fortin 16092014

PETROBRAS TRINLING 26082014 23092014 $1180 Exquisite Point Fortin 05092014

GLENCORE TBC TBC 21092014 Corcovado Bonny Island 16072014


SambizangaBonny Island 02102014

GAZPROM ENI TBC 17092014 Lena River Zeebrugge 27082014

PETROBRAS TOTAL 01-10092014 16092014 Excelsior Fos 16092014

PETROBRAS TBC TBC 13090214 Cool Runner Barcelona 12092014

TBC RWE TBC 15-31082014 Soyo Snohvit 19082014

PETROBRAS TBC TBC 23082014 Wilgas Sines 19082014

PETROBRAS TRAFIGURA1507-

808201419082014 Excelerate Rotterdam 18082014

TRAFIGURA ECONGAS 1-15072014 19082014 $1000s Rotterdam 16072014

PETROBRAS TBC TBC 14082014 Exquisite Ras Laffan 14082014

PETROBRAS TBC TBC 08082014 Wilpride Ras Laffan 14082014

EON TBC TBC 08082014 Kita LNG Cartagena 17072014

SHELL ADGAS 22072014 05082014 $850-900 Solaris Das Island 08082014

VITOL TBC TBC 05082014 Magellan Spirit Ras Laffan 08082014

BP TBC TBC 27072014 British Sapphire Ras Laffan 15082014

PAVILION ENERGY

PERTAMINA TBC 22072014 Wilpride Bontang 22072014

EXCELERATE ENERGY

RASGAS TBC 17072014 $950-1000 Golar Viking Ras Laffan 17072014

BG GROUP ENI TBC 29062014 Gaslog Skagen Zeebrugge 19062014

PETROBRAS TBC TBC 27062014 Excalibur Bonny Island 07072014

PETROBRAS TBC TBC 22062014 Excelsior Bonny Island 07072014

BP TBC TBC 18062014 Methane Spirit Ras Laffan 20062014

KOCH PETRONAS TBC 15062014 Clean Ocean Bintulu 09062014

VITOL ECONGAS 1-15052014 09062014 $1280-1300 Exquisite Rotterdam 14052014

KOCH PETRONAS TBC 08-09062014 Seri Bakti Bintulu 20062014

PETROBRAS GALP ENERGIA TBC 08062014 Expedient Bonny Island 24042014

BP TBC TBC 06062014 LNG Pioneer Bonny Island 12062014

GAZPROM TBC TBC 31052014 Velikiy Novgorod Ras Laffan 01062014

PETRONAS TBC TBC 26052014 Stena Blue Sky Bonny Island 29052014

BP TBC TBC 20052014 British Ruby Ras Laffan 01062014

EXCELERATE ENERGY

TBC TBC 16052014 Excelerate Ras Laffan 01062014

TBC TOTAL TBC 14052014 Gemmata Fos 13052014

PETROBRAS TBC TBC 08052014 Expedient Sines 08052014

TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200

TBC TBC Bahia Blanca 14072014

deLiVered eX-ShiP TrANSAcTiONS (cONTiNUed)


datedelivery period

Price $MMBtu


updated

The information in these tables is the most accurate obtainable by ICIS at the time of publication It does not necessarily represent deals confirmed by counterparties The information may be amended or updated in subsequent issues


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Join our gas markets group

ICIS onLinkedIn

GAIL enters final negotiations for US Sabine Pass FOB saleindian gas network operator GAIL is understood to have short-listed three com-panies for the sale of its 1mtpa US Sabine Pass LNG volumes which are being marketed on a free on board (FOB) basis for a five-year period

Multiple parties could gain tranches of the 1mtpa on offer with an award likely between the end of November and mid-December Germany-headquartered utility EON a trading house and an Asian company have all made it onto the shortlist ICIS un-derstands

Several participants including two Switzerland-based trading houses and Rus-siarsquos Gazprom were understood to have had advanced sales discussions with GAIL although Gazprom would not have made it to the final three

The value of the entire 1mtpa volumes for the five-year period is estimated at $25bn

The potential bid level from market par-ticipants for the Sabine Pass volumes was previously understood to be $100-150MMBtu above GAILrsquos contract price However the exact bid price could not be confirmed with GAIL

The remaining 25mtpa Sabine Pass LNG volumes will be sold to Indian companies for use in the domestic market an industry source said

GAIL secured 35mtpa of volumes through a 20-year long-term contract from US-based Chenierersquos plant in Louisiana

The Indian company agreed a purchase price of 115 of the US Henry Hub natural gas futuresrsquo price plus a $300MMBtu lique-faction fee on an FOB basis

The construction of the Sabine Pass plantrsquos train 4 is 50 completed and volumes from this are likely to start flowing in the first quar-ter of 2018 a market source said

Cheniere had estimated that the Sabine Pass plantrsquos trains 3 and 4 which are con-tracted to South Korearsquos KOGAS and GAIL respectively would come on line sometime between 2016 and 2017 Trains 1 and 2 are marketed to UK-based BG Group and Spainrsquos Gas Natural Fenosa

GAIL is still planning to set up an LNG trading desk in Singapore by 2017 before the Sabine Pass volumes start flowing

ldquoFOB volumes from US projects will be actively traded from Singaporerdquo a source close to the process said Ranjana Kaushal

Shellrsquos LNG Canada finalises electricity rate with BC Hydro Shellrsquos planned 12mtpa LNG Canada ex-port project in British Columbia has secured electricity rates with the province-run BC Hydro the province announced on 4 Novem-ber

This gives Shell a first-mover advantage in a province still determining how to provide adequate supply to the proposed export projects Royal Dutch Shell is the operator of the proposed Kitimat project along with Chinarsquos PetroChina South Korean gas com-pany KOGAS and Japanese trading company Mitsubishi

BC Hydro set the rate with the Shell-led consortium at (Canadian) $8302megawatt hour (MWh) before taxes

The rate for LNG customers will then increase by 2 each year until 2024 after which the rate will stay constant In compari-son the average rate for a non-LNG industrial user will be $5434MWh which will stay constant until a gradual ramp-up after the expansion costs are covered

BC Hydro forecast that 3000GWyear of electricity would be required for the proposed LNG projects although the utility has not ac-counted for a set number of projects given that none of the planned Western Canadian projects have reached final investment

The announcement by BC Hydro is anoth-er step forward for western Canadian project participants to determine costs

However BC Hydro would likely have to acquire new generation should another LNG project commit to a rate with the utility Min-ister of Mines and Energy Bill Bennett told members of the press on 4 November

Projects proposed in the Prince Rupert area would be even more pressed to secure

electricity from BC Hydro given that there would not be sufficient transmission in place

LNG projects could use internal gas-fired generation for electricity use or come up with an array of renewable energy other than hy-dro such as wind

Shellrsquos benefit in securing BC Hydro rates early on will likely cascade to the projectrsquos overall target to reduce emissions The prov-ince also recently established in late October strict carbon emission targets for the export project of 016 carbon dioxide equivalent (CO2e) tonnes per tonne of LNG produced Globally LNG facilities have emissions intensi-ties of 018CO2eLNG tonne and 027CO2eLNG tonne the province estimated

Local PNW stakeholders hold back Aside from securing electricity planning western Canadian export projects must still gain acceptance among the First Nations in the province in order to gain full right-of-way passage Some projects such as Malaysiarsquos PETRONAS and its Pacific NorthWest LNG venture have faced more difficult approvals from First Nations due to initial site designs and use of the marine channels near the site on Lelu Island

On 5 November a consortium of First Nations issued a statement condemning the proposed 12mtpa Pacific NorthWest LNG project citing concerns in potential damage to salmon habitats and being left out of the consultation process

The statement represented the Wetrsquosuwetrsquoen Gitanyow First Nation Lake Babine Nation and Gitxsan Nation

PETRONAS along with its wholly owned subsidiary Progress Energy holds ❯❯ Page 12

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The marketing consortium for Chilersquos Quintero LNG import terminal has issued an open season call-of-interest round for companies seeking to take new capacity made available through a terminal expansion programme

GNL Chile the consortium which repre-sents the Quintero terminalrsquos existing three offtakers ndash power generator Endesa Chile Chilean state refiner ENAP and local gas dis-tributor Metrogas ndash announced the launch of the open season on 4 November

The company expects the process to last approximately a year with the aim of finalis-ing new offtake contracts by the end of 2015

Work is then expected to begin on the expansion project in 2016 enabling the start of new contracts in 2019 a source within Chile told ICIS

The installation of a new storage tank at the facility and a fourth vaporising unit is ex-pected to add 5 million cubic metres (mcm)day in additional capacity taking total send out capacity to 20mcmday (just over 5mtpa) by 2019 A total of 32mcmday in regasifica-tion capacity will be made available through the open season round

Companies based both in Chile and internationally will be able to make offers in the open season although Quinterorsquos current offtakers will not be able to participate said a source within Chile

Offers will be considered based on the commitment to take a minimum of 06mcmday Contract terms of 10 15 and 20 years will be considered through the open season round ICIS understands

An additional 18mcmday in capacity made available through the expansion stage has been reserved by GNL Chile and can be offered either to the existing offtakers or new entrants outside the open season process at a later date

Government supportThe 32mcmday offered through the open season represents the amount Chilersquos government promised to make available to new market entrants through its latest energy policy announced in May this year

Energy minister Maximo Pacheco an-nounced that the government would seek to extend the use of imported natural gas through the country enforcing open access

rights at the countryrsquos existing two terminals ndash Quintero and Mejillones in the north ndash as well as promoting the development of a third regasification facility in the south of the country

Managers at the Quintero terminal have also been focused on finalising the installa-tion of a new vaporising unit at the terminal which will expand capacity from 10mcmday to 15mcmday from early next year

Capacity will remain divided between the three current offtakers when the first expan-sion stage comes online

Power generators on Chilersquos SIC power grid such as Colbun and AES Gener are expected to lead domestic interest in the open season tender The companies currently purchase regasified LNG volumes from the terminalrsquos existing offtakers and in 2012 announced plans to build a second import terminal in the Quintero bay region

The parties awarded a contract for the provision of a floating storage and regasifi-cation unit (FSRU) to Norwegian shipbuilder Hoegh in September 2012 however pro-gress on the project has since ground to a halt

China Natural Gas Market Outlook WebinarA look into recent developments in the country and its effect on global markets

Register your place now ndash wwwiciscomchinalng_webinar

DateThursday 13 November 2014

Time1700 SGT (Singapore Time) 0900 GMT (London Time)

Chinarsquos natural gas market is becoming increasingly attractive to international players due to the introduction of the countryrsquos gas import source diversifi cation policy

With this liberalisation on imports market experts are expecting Chinarsquos LNG import volumes to exceed South Korea by 2018 Taking advantage of recent developments privately owned companies in the country are now starting to invest in or build liquefaction and terminal plants

By attending this webinar you are able to assess the investment opportunities in China by gaining all of the following information

bull Review of recent developments including industry and government policies

bull The countryrsquos gas demand levels

bull A look into unconventional gas production in China

bull Analysis on the impact of the Chinese natural gas industry on other global markets

FREE Webinar

ICIS China Natural Gas Market Outlook Webinar 178mmx126mmindd 1 231014 434 pm

❯❯ Page 11

Quintero open season capacity round launched

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Turkey could establish a thriving LNG-for-trucks business as the country is in the process of expanding its existing capacities and export volumes to neighbouring Greece and Bulgaria a source at the Turkish gas in-cumbent BOTAS told ICIS

Turkeyrsquos current capacity at the privately owned Aliaga LNG terminal is 50 trucksday and approximately 75 trucks at the BOTAS-operated Marmara LNG terminal Hizir Hakan Unal gas specialist at BOTAS said

However their combined capacities could increase to 200 trucksday with each truck able to carry almost 60 cubic metres of lique-fied natural gas

Unal who has recently published a report titled ldquoThird Party Access to Turkeyrsquos natural gas transmission system 2007-2013rdquo said Turkish gas companies were interested in this niche business not only for the domestic market but also for exports to Greece and Bulgaria

The two EU countries could be ideal mar-kets for Turkey given the existence of a num-ber of industries currently using heating oil propane or gasoil as feedstock that would benefit from switching to cheaper and more

environmentally friendly natural gas Industries that are isolated from natural

gas pipelines are increasingly turning to trucked LNG across all four corners of Europe

The wider trucking industry itself is emerging as a new source of demand with recent developments promoting LNG as a transportation fuel

The European Commission has proposed that by 2020 LNG refuelling stations for trucks are to be installed every 400km along roads of the Trans European Core Network Two such arteries run up to the border that Turkey shares with Greece and Bulgaria

In an interview with ICIS Michael Thomadakis a member of the board at the Greek regulator RAE said there was no legal obstacle to such a trade as far as Greece was concerned

He said RAE had been on the verge of granting a license to a company which had asked to import LNG in trucks from Turkey but the application was unsuccessful because the applicant could not prove its financial vi-ability

ldquoThere is no problem to import gas on trucks or otherwise from Turkey ❯❯ Page 13

Keppel signs 1mtpa HoA with PetronasSingapore-based Keppel Gas a fully-owned subsidiary of Keppel Infrastructure Holdings has signed a 10-year 1mtpa heads of agreement (HoA) purchase deal with Malaysiarsquos incumbent oil and gas producer Petronas the company said on 4 November

The agreement would supplement two existing pipeline gas deals under which Kep-pel purchases gas from Malaysia

It is contingent on Keppel Gas receiving an LNG import license and regulatory approv-al from Singaporersquos Energy Market Authority

The LNG supplies will be sourced from Petronasrsquo global portfolio

ldquoThis is another of many steps that Kep-pel has committed over the last decade and more to support our governmentrsquos efforts to improve the competitiveness of energy sup-plies to Singaporerdquo said Ong Tiong Guan the CEO of Keppel Infrastructure

Industry sources in Singapore said the deal is likely to be indexed to crude oil One source added that the price of LNG is likely to be above what Keppel Gas pays for pipeline deliveries from Malaysia

Keppel Infrastructure operates a 1300MW combined cycle gas fired power plant in Jurong Island in Singapore

The company signed a gas supply agree-ment with Petronas back in 2005 Under that agreement up to 115 million cubic feet (33 million cubic metres)day of natural gas are delivered to Singapore for a period of ap-proximately 18 years starting mid-2006

Additional gas sales from Petronas to Singapore could mean that Keppel expects to see additional domestic demand or has found downstream customers for the volumes The pipeline delivering gas from Malaysia is also connected with Indonesia This could poten-tially allow Keppel and Petronas to balance their LNG contract via pipeline gas

Keppel Gas has also a gas supply contract with US-based oil and gas major ExxonMobil which started in 2009 Under this contract Keppel delivers gas to ExxonMobilrsquos petro-chemical complex in Jurong Island Roman Kazmin

Decision delays for Rosneftrsquos Pechora LNG plant in NenetsThe proposed 52 million tonnes per annum (mtpa) Pechora LNG project in the Nenets autonomous district of Russia will not have a finalised commercial structure until the end of 2014 ICIS understands

The project is operated by independent Russian oil and gas holding Alltech which in May signed an agreement with Russiarsquos incumbent oil producer Rosneft to create a joint venture

The structure was supposed to be final-ised on 1 September 2014 according to a statement issued in May by Rosneft

Pechora LNG was not granted an LNG export license in a decision by the Russian government that came after the initial May announcement It could still export LNG on the basis of a license held by Rosneft How-ever Rosneft has gained a strong bargaining position with Alltech group on the back of the legislative decision

Rosneft has faced sanctions from the United States on the back of Russiarsquos involve-ment in the conflict in Ukraine

This has left the company with limited op-tions of raising finance It has turned to the Russian government for assistance request-ing a loan from the National Wealth Fund

The cost of Pechora LNG is estimated at $53bn-66bn

Rosneftrsquos limited capacity to raise finance on certain markets could have led the compa-ny to reconsider its priorities It is developing the Far East LNG project on Russiarsquos Sakhalin island together with the US-based oil and gas major ExxonMobil

The capital-intensive project is further advanced than Pechora LNG as its resource base is already producing sufficient volumes of gas

ldquoPechora LNG is still in the very early stages The location of the project is also chal-lenging I think that Rosneft has other priori-ties particularly with recent softness on crude marketsrdquo an industry source in Russia said

Rosneft which relies primarily on profits driven by crude exports from Russia is facing a dramatically different economic environ-ment compared with May

Brent crude has fallen to below $85bbl compared to over $100bbl earlier this year

Coupled with ongoing sanctions Rosneft could choose to delay the project until the economics become more viable both in terms of crude-indexed LNG sales and the cost of financing Roman Kazmin

Turkish trucked LNG industry seeks growth in SE Europe


Colbun has instead focused on taking ca-pacity at the existing terminal firstly through negotiations with the current offtakers in 2013 and then through a possible capacity lending agreement with ENAP in 2014

Discussions between the parties for 045mtpa in capacity ground to halt in September with Colbun instead signing an agreement to buy 900mcm of natural gas from Metrogas between 2015 and 2019 (see GLM 4 September 2014) James Fowler

Quintero open season

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Pemex eyes switch to Mexico exports by 2021

divert volumes to the south west for LNG ex-portsrdquo Pemex gas and petrochemical director Alejandro Martinez told ICIS

Pemexrsquos original plans focused on the use of floating LNG technology(see GLM 16 July 2014) However the company is now leaning towards the construction of an onshore facil-ity Martinez added

PartnersPemex is unlikely to be able to develop the project on its own sources close to the development told ICIS previously and is open to keeping only a minority stake in the venture Conversations over a future partnership have already been held with at least one existing global LNG supplier ICIS understands

Plans for a tolling mechanism for offtak-ers could be announced as early as next year according to De la Huerta Prices at which gas will be sold by Pemex will likely be regulated by Mexicorsquos energy regulatory commission CRE under regulations established through Mexicorsquos new energy reforms

Several other export projects have been proposed for Mexicorsquos Pacific coast US-based utility Sempra has spoken previously about its desire to convert its existing Costa Azul LNG terminal on the Baja California peninsula into a liquefaction facility with the aim of sending US-produced shale gas into northeast Asian markets

Sempra is currently conducting gas stud-ies to consider the size structure and eco-nomics of a potential export facility Semprarsquos chief executive officer Debra Reed said during the third-quarter 2014 earnings presentation on 4 November

The company has received strong interest from potential offtakers for Costa Azul Reed added although the impact on contracts with Mexicorsquos state-run utility CFE must also still be considered The import contract ndash which ends in 2028 ndash brings in about $150m in cash flow a year Reed said

ldquoWe should have a better sense of these factors and potential timing in the first half of next yearrdquo Reed said James Fowler Ruth Liao

Hoegh EGAS sign 2015 time charter contractNorwegian-based ship owner Hoegh LNG said on Monday it had signed a five-year time charter contract with Egyptrsquos EGAS that will start by the end of the first quarter of 2015

The contract refers to the delivery of a floating storage and regasification (FSRU) vessel which would help deliver gas to Egyptrsquos chronically short domestic market

The newbuild 170000 cubic metre (cbm) Hoegh Gallant has been undertaking sea trials around South Korea over the last few months amid reports of ongoing delays to its potential employment as the planned Egyp-tian import terminal and uncertainty over contract details

The vessel was originally due to be deliv-ered into Egyptrsquos Ain Sokhna in August but this was later put back to December Hoegh

said it is considering how it could utilise the vessel as an LNG carrier before it is delivered to the Egyptian port

Hoegh said the FSRU contract is expected to generate an average annual EBITDA (earn-ings before interest taxes depreciation and amortization) of $40m This would equate to a daily fee of around $110000 based on a 365-dayyear utilisation of the vessel However with additional operating costs estimated to be $20000day according to one ship analyst the total charter hire would be closer to $130000day

The media has been full of reports of ru-moured LNG supply deals into Egypt A story from the local press on 1 November cited a government official saying previous agree-ments with Russiarsquos Gazprom and Algeriarsquos Sonatrach were not binding Stories appear

almost daily from Egypt over the cuts in gas supply to the power grid and to industrial users

LNG exports from the countryrsquos two lique-faction plants have all but ceased due to the lack of available feedgas

Ongoing negotiations over how to develop further import infrastructure are focused on pipe links to the Israeli Tamar and Leviathan gas fields

Hoegh on 4 November also said it was awarded an FSRU contract by Colombian Sociedad Portuaria El Cayao (SPEC) for a new LNG import terminal in Cartagena on the Atlantic coast

The contract is subject to SPEC obtain-ing necessary environmental licenses for the project which is expected to start operations mid-2016 Hoegh said Edward Cox


a 62 interest in the project but may also divest further to other potential buyers Japa-nese refiner JAPEX (10) Petroleum Brunei (3) India Oil Corporation (IOC 10) and China Petrochemical Corporation also known as Sinopec (15) hold interest and offtake agreements in the project

Final investment was initially planned to be reached in late 2014 as the PETRONAS-led project has publicly placed pressure

on the BC provincial government to pass favourable terms on a separate LNG royalty tax

Minister of Natural Gas Development Rich Coleman is scheduled to meet with PETRONAS chief executive officer Tan Sri Datorsquo Shamsul Azhar Abbas for the next in a series of negotiations to enable the project to reach a final investment commitment Ruth Liao

Shellrsquos LNG Canada finalises electricity rate

Indian-Japanese joint buyers consider swapsA joint LNG purchasing agreement between Indiarsquos GAIL and Japanese utility Chubu Electric could include LNG swaps between the compa-nies GAIL managing director Bhuwan Chan-dra Tripathi said on 6 November The two firms are now in ldquoadvanced stages of discussionsrdquo regarding the memorandum of understanding they entered into in March 2014 Tripathi said during a panel discussion at the LNG Producer-Consumer Conference in Tokyo

A joint venture would allow them to ne-gotiate prices with LNG producers as a team and allow for swapping cargoes to better meet demand obligations Tripathi said

LNG buyers across Asia are exploring joint buying of gas as a way to possibly cut procurement costs Chubu Electric besides the GAIL alliance talks is also talking to Singapore-based Pavilion Energy

Although such a strategy might work for buyers in one market ndash such as the buying alliance Chubu and Tokyo Electric (TEPCO) announced last month ndash LNG alliances join-ing buyers in different countries with different domestic market conditions would have less chance for success said Jonathan Stern senior research fellow at the Oxford Institute of Energy Studies ldquoI can understand the case for the Japanese but find it difficult to understand one for two end-users in two different marketsrdquo

Osaka Gas Japanrsquos second-largest natural gas utility said on 5 November it also is in talks to join the fuel buyersrsquo alliance TEPCO and Chubu Electric formed last month local media reported

Osaka Gas is the latest Japanese company to seek a joint venture to buy LNG in the world market It would add its demand to the alliance which would already be the worldrsquos largest Ben Lefebvre

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French regulator launches tariff consultationFrench energy regulator CRE has launched a public consultation on proposed changes to tariffs at the countryrsquos three LNG regasification terminals as well transportation tariffs on the natural gas grid

Interested parties are invited to respond by 21 November to eight questions related to the terminal tariffs andor 16 questions related to transport tariffs

The majority of questions are focused on interim market incentives within CRErsquos development plan for the creation of a single national gas hub by 2018 While the first part in a two-step merger towards a single gas trading hub would see Francersquos southern grids PEG Sud and PEG TIGF merge on 1 April 2015 the consultation is geared around mitigating physical bottlenecks between the north and south of the country between now and 2018

Despite significant premiums at PEG Sud

Dashboardyour view on the energy markets

Use the ICIS dashboard to access ICIS pricing data news and analysis in one place via your PC It enables you to select and build a view of the market information thatrsquos important to your business

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over recent years CRE said there has not been a single new participant sending out from the two southern French terminals of Fos Cavaou and Fos Tonkin In a move to address this and make Fos a more attractive place to receive and send out regasified LNG it has proposed three measures

The first is to make capacity holders at the terminals nominate their slots earlier and penalise those who do not comply

Currently capacity holders have to do so before the 25th day of the month before delivery but the proposal would now encour-age them to do so before the 1st day of the month before delivery

The second idea is to lower the regasifica-tion tariff while the third would be to prolong the send-out period to 60 days post-cargo delivery

The terminal operators had distinguished between spot and longer-term regasification

tariffs but the proposal would now eradicate this difference Proposals would see longer-term tariffs fall by half while spot tariffs would fall by a third across both Fos Tonkin and Fos Cavaou

As the infrastructure at Fos Tonkin is sig-nificantly older than Fos Cavaou its proposed tariffs are euro0564MWh while those proposed at Fos Cavaou are euro0884MWh

The proposal would also see fixed tariffs to receive LNG cargo at all three of Francersquos LNG terminals rise to between euro80000-100000 With only those planning to schedule smaller cargoes to be disadvantaged CRE believes this would encourage larger cargoes arriving in France

The regulator has proposed a new sepa-rate set of tariffs dedicated to the emerging small-scale LNG trade ndash for vessels capable of not holding more than 20000cbm Ludovic Aldersley


since there is nothing like an import licence in the Greek legislation If someone wants just to re-export the cargo he does not even need a license for thatrdquo he said

Unal pointed out however that the only impediment to the trade relates to customs as trucks could be held up for as long as six days for controls before they may be allowed to cross the border into Greece or Bulgaria

This could make export uneconomical as liquefied volumes need to reach their desti-nation in a certain period of time to avoid evaporation The length of time depends on the design pressure within the truckrsquos storage tanks The less pressurised the storage the quicker the LNG boils off

ldquoWith a design pressure of 3 bars the truck would start to vent the boil-off gas to the atmosphere already after one week with 7 bars it would be 2-3 weeksrdquo logistics man-ager at PrimaLNG Peter Fruhwirth said

Turkish trucked LNG distribution compa-nies with an eye on exports to Europe would therefore likely be required to invest in 7-bar storage trailers

Within the European Union countries have different regulatory limits on the total gross weight of trucks permitted on roads For some it is 40 tonnes for others it is 44 tonnes

With this including the weight of the truck the weight of net LNG cargo is effec-tively reduced to 16-19 tonnes according to another source in trucked LNG transporta-tion Aura Sabadus Ludovic Aldersley


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Stocks

eUrOPeAN STOcKS

iciS STOcKS (MiLLiON cUBic MeTreS)

hub Area

current Week ndash Week 45 Previous Week ndash Week 44 Week-on-week change

Week-on-week change

Maximum Technical capacity

year on year

Stock Level

FullStock Level

Full Fullness 1 year ago

Year on Year Full diff

Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846

Great Britain - NBP 4901 9552 4874 9500 27 055 5131 9823 -271

Total 69246 9160 69358 9175 -112 -015 75593 8185 975

excluding strategic stocks

Net withdrawals start across European hubsNatural gas storage stocks nudged lower in the week to Monday as cold weather boosted demand With more shippers exiting gas from tanks than injecting overall fullness levels dipped for the first time for the current winter But stocks in Europe came down by less than one percentage point from the pre-vious week Overall net withdrawals stood at 112 million cubic meters (mcm) bringing capacity to 92 fullness Currently stocks sit 10 above where they were at the same time last year with some 692 billion cubic meters in reserve

Temperatures in Europe have been drop-ping as the continent delves deeper into win-ter In some parts of Europe days have also been colder than seasonal averages leading to increased domestic demand as end-users turn on or up their heating

Even with the start of net withdraws the majority of hubs are above 90 capac-

ity with many hovering around nameplate capacity And in many of the larger markets net injections continue albeit slowly

German shippers continue to hold off on net withdrawals with the NCG at 98 full-ness and the neighbouring GASPOOL hub 2 over nameplate capacity The premium of the front month over the prompt has continued to lead shippers at these traded markets to hold of from any major reliance on gas in store

The same has been broadly true of the British NBP in which net injections were 27mcm ending at 96 capacity Despite the increase this is two percentage points lower than the same time last year

The greatest volume of gas injected over the week was in Hungary where the injection season has been again extended as Russiarsquos Gazprom builds its reserves in the country

Despite these increases the overall trend across Europe was to take gas from reserves

Italyrsquos storage levels came down with shippers removing 32mcm from tanks leaving overall fullness at 99

The Austrian and Polish hubs withdrew the most gas over the week extracting 116mcm and 98mcm respectively

Forecasts from WSI for the coming week present a mixed picture In the UK and west-ern part of Europe it is expected to be colder than average for the current time of year However further in the east temperatures could be up to 8degC above normal Thomas Rodgers

Storage levels do not include strategic stocks in Hungary Italy Poland Portugal and Spain All data refers to the start of the Gas Day on Tuesday with the exception of Britain where data refers to the start of the Gas Day on Monday The data is aggregated at a national level and market area level by ICIS

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Stocks

US STOcKS

WOrKiNG GAS iN US UNderGrOUNd STOrAGe (BiLLiON cUBic FeeT)

region Week 44 Week 43change

year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000

Total 3571 3480 261 3809 -620 3832 -680Source US Department of Energy EIA

US natural gas stocks closed the week ended 31 October with a record-breaking injection boosting stock levels ahead of the key winter peak-demand season Natural gas stocks rose by 91 billion cubic feet or 26 billion cubic me-tres (bcm) over the week just gone the high-est ever injection recorded for the last week of October according to EIA records dating back to 1993 Milder temperatures in across high-demand regions and the central south of the country coupled with ongoing record produc-tion levels allowed big injections in both the eastern and producing sectors

The injection came in over double both the year-ago week and the five-year average Total gas in storage now sits slightly below 36 trillion cubic feet (102bcm) and equiva-lent to 92 storage capacity

Record-breaking production figures have helped stocks recover from the 11-year low levels posted earlier this year leaving inven-tories just 6 below year-ago levels and 7 below the five-year average However the re-cent below-average temperatures across the eastern half of the country since 1 November will likely limit the size of future injections James Fowler

Record-breaking injection takes stocks to 92

European Spot Gas Markets coverage

For more information or to request your free sample report contact us at enquiryiciscom

Your access to the most widely used gas pricing information in Europe providing you with

wwwiciscom

The latest price assessments for 12 European hubs supporting readers in daily trading decisions

Unique intra-day price assessments allowing subscribers to track prices during the day

The longest historical gas pricing archive in the market going back to 1994

Daily news stories on factors driving spot prices

US LOWER 48 GAS STOCKS

SOURCE US DOE BA

Percentage of working capacity 20142013 Five-year average (2009-2013)2014

Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

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News Briefs

Origin pulls out of Chile ENAP looks for partnerPlans for a new natural-gas-fired power plant in central Chile to be fed by the Quintero LNG terminal have been hit by Australian Origin Energyrsquos decision to withdraw from the project

Originrsquos decision to rescind its 70 stake in the scheme has left the countryrsquos state refiner ENAP looking for another partner for the Concon power project

ldquoWe regret the exit of Origin Energy as the projectrsquos principal developer ENAP is now searching for the best formula to carry out the project in the shortest time frame possiblerdquo ENAPrsquos gas and energy director Andres Alonso said in a statement on 4 November

The Concon power plant had been planned to supply power to ENAPrsquos Aconcagua refinery as well as the countryrsquos power grid However local opposition to the project forced ENAP to scale down the plantrsquos proposed capacity from 165MW to 77MW earlier this year

ENAP is already understood to have excess LNG supply as part of its Quintero supply con-tract with UK-based supplier BG Group Plans to sell volumes to Chilean power generator Colbun collapsed earlier this year with Colbun instead procuring volumes from another Quin-tero offtaker Metrogas

ENAP signed a memorandum of agreement with Origin Energy in November 2012 through which the parties committed to exploring future cooperation in both power generation and LNG procurement

Eastern Canada project aims to double capacity LNG Limited (LNGL) Australian developer of a Canadian export venture known as Bear Head LNG in Nova Scotia has announced its intent to double the projectrsquos planned capacity to 8mtpa

A final investment decision is targeted for late 2015 to 2016 according to LNGL Pending regulatory approval it could start exports in late 2018 to 2019

The eastern Canadian greenfield proposal is envisaged to supply potential customers in Europe South America and southeast Asia although no formal offtake agreements have been completed

LNGL is also developing the proposed 8mtpa Magnolia LNG project a US greenfield export venture in Lake Charles Louisiana The Magnolia LNG project has a number of prelimi-nary offtake agreements in place but has not yet signed a sale and purchase agreement

Finnish state increases Gasum ownershipThe Finnish state has increased its ownership in natural gas company Gasum to 75 after agreeing to buy utilities EONrsquos and Fortumrsquos stakes in the business Gasum said in a state-ment on 3 November

The state will pay euro310m to Finnish com-pany Fortum for its 31 stake and euro200m to Germanyrsquos EON for its 20 stake Parties ex-pect the transactions to be completed shortly but do not have a specific time frame

Gasum imports natural gas to Finland from Russia and transmits and supplies it for energy production industry homes and transport It currently has permission to operate the grid and sell gas despite EU directives that say these two business areas must be unbundled

Russian state-owned exporter Gazprom still owns the remaining 25 of Gasum

ldquoThe transaction is to ensure that Gasum has the capabilities to develop Finlandrsquos gas market and infrastructure in the best possible wayrdquo the Finnish prime ministerrsquos office said in a statement

Finland has been looking to diversify its supply through the development of a Baltic pipeline to Estonia and the construction of multiple LNG terminals

Last February Gasum acquired the major-ity of Norwegian LNG distribution business Skangass

Indiarsquos GAIL team ups with newcomer SOCAR Indian state-run gas network operator GAIL has signed a memorandum of understanding with Azerbaijani oil and gas incumbent SOCAR for jointly pursuing LNG opportunities through capacity booking LNG procurement and pro-motion of LNG projects globally GAIL said in a statement on 3 November

ldquoBoth companies shall also cooperate in [the] optimisation of LNG marketing sourcing and shipping requirementsrdquo GAIL said

GAIL has been expanding its overseas foot-print over the past few years It has secured US long-term volumes ndash 35mtpa in a 20-year contract from Sabine Pass and 23mtpa in a 20-year term from Dominionrsquos Cove Point export project in Maryland

Azerbaijanrsquos total natural gas reserves were estimated at 31 trillion cubic feet (8778 billion cubic metres) at the end of 2013 according to the BP statistical review of world energy

GDF SUEZ signs an agreement with ShenergyParis-based integrated LNG supplier GDF SUEZ has signed a cooperation agreement with Chi-nese infrastructure company Shenergy Group to develop cooperation in the energy sector joint exploration and sharing of development opportunities in Shanghai GDF SUEZ said in a statement on 3 November

The scope of cooperation includes natural gas the energy services industry power gen-eration and related businesses mainly covering LNG decentralised energy gas to power generation low emission energy application and infrastructure projects

GDF SUEZ currently assists Shanghai Gas Group a unit of Shenergy Group with the expansion of one of its LNG terminals the statement said

The company has been actively seeking op-portunities in the Chinese market particularly following its 2011 partnership with Chinese sovereign fund CIC In parallel to the latest agreement which will focus on the Shanghai region GDF SUEZ also continues to build on a cooperation agreement it signed with Beijing Gas Group in March 2014

Japan Minister talks up US LNG imports US shale gas will constitute 20 of Japanrsquos LNG imports in the several years following the start of the US export projects Japanrsquos Minister of Economy Trade and Industry Yoichi Miyazawa said on 6 November

The influx of 17mtpa of US LNG into Japan following the start of Cheniere Energyrsquos Sabine Pass export project Semprarsquos Cameron LNG project both in Louisiana and Freeport LNGrsquos project in Texas will cut Japanrsquos LNG costs by up to one-third Miyazawa said at the LNG Producer-Consumer Conference in Tokyo

ldquoPrices could be 20-30 cheaper even after taking shipping into accountrdquo Miyazawa said

Costs should also fall as Japan restarts its nuclear reactors all of which were taken off line for safety inspections and equipment upgrades after the Fukushima meltdown

Kyushu Electric is expected to restart two reactors at its Sendai nuclear plant in the next several months The combined 1GW of power from the two reactors will reduce Japanrsquos LNG imports by 1mtpa Miyazawa said

Hoegh orders fifth FSRU at HyundaiNorwegian shipowner Hoegh LNG has declared its option for a fifth floating storage and regasification unit (FSRU) at the Hyundai Heavy Industries (HHI) shipyard in South Korea it said in a statement on 6 November

The move follows the signing of two long-term FSRU contracts on 3 November (see separate story) With customers lined up for the last two of Hoeghrsquos four FSRUs in its cur-rent expansion programme Hoegh signalled its latest order at HHI initiates its next expansion programme

The FSRU which should be delivered during the first half of 2017 is set to have full trading capability and increased regasification capacity compared to previous FSRUs ordered at the yard Hoegh expects to continue seeing strong growth in the FSRU market over the next three to four years the company said

Antwerp issues RFP for LNG bunker operator Belgiumrsquos Port of Antwerp has issued a request for proposals (RFP) for prospective operators of its proposed LNG bunkering station

Interested parties have until 5 January 2015 to submit their proposals for which the port authority will grant a five-year concession it said in a statement on 5 November

The possibility for truck-to-ship bunker-ing with LNG already exists in Antwerp but the construction of a fixed bunkering station should make LNG continuously available for barges by 2016

The port authorities of Antwerp Man-nheim Rotterdam Strasbourg and Switzerland signed a joint-venture agreement earlier this year for the introduction of LNG as a fuel for inland shipping The EU has provided a subsidy of euro40m ($501m) to support the LNG infra-structure for the Rhine-Main-Danube area

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The US market is approaching the eve of LNG exports with the major frontrunner projects breaking ground and starting con-struction

The first tranche of brownfield expan-sions ndash Sabine Pass Cameron and Freeport LNG ndash will see LNG exports start from 2016 However US Gulf LNG exporters could also capitalise on other hydrocarbon products following nascent signs of US producers and refiners seeking to monetise shale oil and natural gas reserves for the global market

Interest has piqued for condensate ndash oth-erwise known as an ultra-light form of crude oil ndash and processed refined products given the proximity of a hub of existing refineries and processing facilities in the US Gulf

This potentially could give a boost to LNG sellers who are looking to package together commodities to prospective buyers

Exporting LNG and other products is not a new phenomenon for other global suppliers such as Qatargas which exports LNG lique-fied petroleum gas (LPG) and condensate as well as other gases

The 56mtpa Angola LNG consortium which is currently not producing due to tech-nical issues was built to also export LPG as well as the 22mtpa Nigeria LNG facility

Supply potential In the US an estimated 58bn barrels of shale tight oil and shale gas are technically recoverable according to the Energy Information Administration (EIA) with about 665 trillion cubic feet (tcf) or about 188 trillion cubic metres in wet natural gas Shale reserves alone makes up 26 and 27 of the crude oil and gas estimates respectively

Texas and South Dakota have led much of this increase with proved reserves for crude oil and lease condensate increased year on year by 15 or about 45bn barrels accord-ing to April EIA figures

In particular the Eagle Ford play in southern Texas and the Barnett play in the Fort Worth area in the north-central part of the state could be the best supply locations for US Gulf LNG export projects From 2011 to 2012 Eagle Fordrsquos estimated reserves increased to 337bn barrels from 125bn ac-cording to the EIA

Wet natural gas production which in-cludes both dry gas and natural gas liquids (NGLs) has also been a lucrative monetisation stream for gas producers and midstream NGL processors

NGLs are separated at natural gas pro-cessing plants As a valuable feedstock for

Focus

❯❯

The sale of other commodities could be a

further boost to US LNG sellers

DEN

KO

U IM

AG

ESREX FEA

TURES

US LNG export developers could expand their product offerings if liquefaction ventures decide to build infrastructure alongside the facilities that would enable exports of other hydrocarbons

US exporters aim to broaden commodity sales

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Focus

❯❯ petrochemical production natural gas liquids could be processed into LPGs which are pri-marily ethane butane and propane

The US is already authorised to export NGLs Its exports of LPGs to South America have rapidly turned up with the average monthly export figure in 2012 at 96m barrels more than doubling to 204m barrels in 2014 with only January-to-August figures reported

regulatory spectrumPolicies to govern exports of oil and natural gas fall under a scattershot of different US regulatory agencies and pieces of legislation

The US Department of Energy (DOE) oversees approvals for companies to export LNG both to countries that have a free trade agreement (FTA) with the US and non-free trade agreement (non-FTA) nations including key importers such as Japan India and China The authority for the DOE to determine these export licenses falls under the Natural Gas Act which was first created in 1938

But the US has held a decades-old ban on the export of crude oil in the lower 48 states because the legislation was first enacted to protect domestic oil reserves and wean the US from foreign imports However the stag-gering growth in discovering shale resources coupled with the horizontal drilling and hydraulic fracturing to access these reserves has changed the argument for this policy

Three different federal laws cover the ban of US crude oil Crude oil produced in Alaskarsquos Cook Inlet or crude oil exported to Canada is permitted An agency under the Commerce Department the Bureau of Industry and Security (BIS) handles the determination of short-term exports

Two companies US-based Enterprise Products and Pioneer Resources received BIS approval in June to export condensate that generated much contention from other refin-ers that also sought for approvals

The first condensate cargo was exported in July by Westport Petroleum a US-based trading arm of Japanese trading company Mitsui which is also a long-term offtaker and equity stakeholder at the 12mtpa Cameron LNG project

In mid-July the oil tanker BW Zambesi loaded from Texas and arrived into Yeosu port in South Korea in September according to shipping data

However the Commerce Department has stalled on any further approvals as the number of interested companies wanting to export condensate has grown similar to how LNG export proponents soon followed Chenierersquos lead

Some companies have chosen to seek their own work-around Australian conglom-erate BHP Billiton concluded that processed condensate is eligible for export after de-termining that the produce is not crude oil under BIS regulations the company said on 5 November

ldquoBHP Billiton has worked through a ro-bust due diligence secured a dedicated sup-ply chain and has taken steps to ensure the quality of our product for exportrdquo a company spokesperson said

Comment from the Commerce Depart-ment was not returned before publication

exporters eye other commodities US-based Cheniere is developing infrastructure for its first 18mtpa of production from Sabine Pass in Cameron Parish Louisiana and is looking to finalise the regulatory approvals and reach final development for its second project the greenfield 15mtpa Corpus Christi LNG facility in south Texas

The Houston-based export developer is now eyeing the potential for a site in nearby Ingleside for exporting other products and potentially condensate ICIS understands

US-based utility Sempra in the companyrsquos third-quarter earnings call on 4 November stated its intent potentially to develop a sec-ond liquefaction venture in Port Arthur Texas

The company has a 29-acre land option in south Texas from where both LNG and crude oil imports have previously been permitted Now Sempra is looking to export LNG and possibly other liquids with plans for a pos-sible four-train liquefaction facility at Port Ar-thur The site has access to a deepwater port

At the same time Sempra is also moving ahead to develop trains four and five from Cameron LNG The three-train 12mtpa Cam-eron LNG reached final investment earlier in 2014 and broke ground for construction in October

Japanese trading companies Mitsui and Mitsubishi and Paris-based portfolio seller GDF SUEZ are equity offtakers and stakehold-ers in the initial 12mtpa brownfield expansion in Hackberry Louisiana

The Sempra consortium which includes a 502 stake to Sempra with the rest hold-ing 166 each holds advantage to expand to other liquid exports which could include condensates given the diversified positions of the stakeholders

Sempra executives said the Cameron part-ners were interested in backing the trains four and five expansion as well as advancing with the Port Arthur complex at the same time

ldquoOur goal is to complete site planning negotiate contracts and [commence with] FERC planning next yearrdquo said chief execu-tive officer Debra Reed of Sempra

Mitsui with its Tennessee-based Westport Petroleum trading arm already has an advan-tage with a US position while Mitsubishirsquos Astomos Energy is that trading companyrsquos LPG trading arm

Texas advantage with eagle Ford The appeal of the south Texas Eagle Ford basin to the port of Corpus Christi has driven up the interest in access to the waterfront according to Frank Brogan managing director of the port of Corpus Christi

A condensate splitter could also be in-stalled alongside a liquefaction plant for such an export scheme to take place

Brogan said at least six companies had either options on property or sites looking at condensate exports in the Corpus Christi area

Castleton Commodities was issued a greenhouse gas permit by the US Environ-mental Protection Agency (EPA) in September to build a petroleum processing facility near Corpus Christi on 15 September

The permit allows Castleton Commodities to build a 100000 barrelday condensate splitter plant and bulk petroleum terminal which would include storage tanks and barge loading operations Along with exporting product CCI would also produce refined products such as diesel jet fuel and naphtha according to EPA

US-based Buckeye Partners also signed an agreement in September with Switzerland-based commodity trading company Trafigura for an 80 interest in a midstream complex in Corpus Christi that would include a con-densate splitter and LPG storage complex as well as three crude oil and condensate gath-ering facilities in the Eagle Ford basin

According to Buckeye Trafigura would have seven- to 10-year tolling agreements and minimum throughput and storage in place The condensate splitter is expected to be completed by mid-2015

For the port of Corpus Christi waterfront access has become limited given the number of proposed projects so loading rates are now set at a minimum threshold ndash at least 30000bblhour ndash in order to maximise efficiency A distinction is even drawn between barges and other vessels given that barge loading can be five or six times slower than a vessel loading ldquoWersquore trying to preserve as many opportuni-ties as we canrdquo Brogan said

Brogan said the initial real estate inter-est in developing condensate splitters in the south Texas area has softened slightly likely a result of the regulatory stalemate from the Commerce Department However how the US government determines how to rule on crude oil exports and condensate will shape formative decisions on investing in the ancil-lary infrastructure

ldquoIf they were to lift the ban on exporting crude oil it would seriously decrease the in-terest in splitter projectsrdquo Brogan said Ruth Liao

Policies to govern exports of oil and gas fall

under different US regulatory agencies

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All Destinations and ETAs are sourced directly from vesselrsquos own Automatic Identification System Deadweight tonnage - weight of the ship without fuel cargo or crew aboardActive vessels operating under short-term and mid-term contracts as part of a flexible portfolio or on spot trades are highlighted in boldSource Shipping data

LALLA FATMA NrsquoSOUMER Arzew El-Djedid Algeria Arzew 31102014 0700 31102014 1244 37 HYPROC SHIPPING CO

MOURAD DIDOUCHE Mostaganem Algeria Arzew 29102014 0800 03112014 0106 12 HYPROC SHIPPING CO

LARBI BEN MHIDI Mostaganem Algeria Arzew 24092014 0700 03112014 0112 37 HYPROC SHIPPING CO

SESTAO KNUTSEN Bahia Blanca Argentina 19112014 0101 19102014 0715 105 KNUTSEN OAS SHIPPING AS

POLAR SPIRIT Bahia Blanca Argentina Bahia Blanca 02112014 0401 06112014 0948 01 TeeKAy ShiPPiNG GLASGOW LTd

BRITISH TRADER Bahia Blanca Argentina Arabian Sea 28102014 0100 06112014 0956 0 BP SHIPPING LTD

AL THAKHIRA Zeebrugge Belgium Zeebrugge 05112014 1930 06112014 0956 01 K LINE LNG SHIPPING UK LTD

SCF ARCTIC Tramandai Brazil Algeciras 11112014 1100 27102014 1103 137 UNICOM MANAGEMENT SERV-CYP

LENA RIVER Cabedelo Brazil 11112014 0700 06112014 0958 20 DYNAGAS LTD

MADRID SPIRIT Rio de Janeiro Brazil Orders 05112014 0900 06112014 0950 0 TEEKAY SHIPPING GLASGOW LTD

EXCELERATE Salvador da Bahia Brazil South Atlantic 01112014 1300 06112014 0955 02 EXMAR MARINE NV

EXCALIBUR Aratu Brazil South Atlantic 31102014 0101 06112014 0611 108 EXMAR UK SHIPPING CO LTD

EXQUISITE Forno Brazil South Atlantic 30102014 1530 04112014 1809 10 EXMAR MARINE NV

EXCELSIOR Madre de Deus Brazil South Atlantic 01102014 0201 06112014 0958 104 EXMAR MARINE NV

GDF SUEZ NEPTUNE Cabedelo Brazil 01012014 0100 05112014 2322 119 HOEGH LNG AS

HISPANIA SPIRIT Porto Novo Cape Verde 14112014 1300 05112014 1637 143 TEEKAY SHIPPING GLASGOW LTD

TRINITY ARROW caucedo dominican republic

Andres 04112014 0700 04112014 1218 01 K LiNe LNG ShiPPiNG UK LTd

BRITISH RUBY Ras Sudr Egypt Sagunto 11112014 0700 06112014 0957 0 BP SHIPPING LTD

MILAHA QATAR Port Said Egypt Port Said 06112014 1300 06112014 0950 64 PRONAV SHIP MANAGEMENT GMBH

NEO ENERGY Punta Europa Equatorial Guinea Atlantic Region 06112014 0600 06112014 0721 03 TSAKOS SHIPPING amp TRADING SA

CHEIKH EL MOKRANI Port-de-Bouc France Skikda 07112014 1530 06112014 0957 07 HYPROC SHIPPING CO

LNG BAYELSA Noirmoutier-en-lIle France Las Palmas 06112014 0800 02112014 1813 129 NIGERIA LNG LTD

AL BAHIYA Fos-sur-Mer France Fos 05112014 0101 06112014 0957 0 STASCO SHIP MANAGEMENT

LNG FINIMA Fort de France France West Africa 29102014 0100 02112014 0331 179 NIGERIA LNG LTD

CASTILLO DE VILLALBA Banjul Gambia Bonny 02112014 1200 26102014 0756 145 EMPRESA NAVIERA ELCANO SA

LNG ABUJA Tema Ghana West-Africa 30102014 1900 28102014 0241 104 NIGERIA LNG LTD

AL SAMRIYA Khora Sfakion Greece Suez 30112013 0100 05112014 2037 183 STASCO SHIP MANAGEMENT

EXCELLENCE Saint Georges Grenada Carribean Sea 07112014 2100 06112014 0958 151 EXMAR MARINE NV

GRACE COSMOS Siracusa Italy Sungai Udang 23112014 0700 06112014 0036 146 GAZOCEAN SA

BACHIR CHIHANI Siracusa Italy Arzew 09112014 1300 06112014 0734 124 HYPROC SHIPPING CO

DUKHAN Pozzallo Italy Suez 08112014 1400 06112014 0917 149 MOL LNG TRANSPORT EUROPE LTD

PROVALYS Ras el Hilal Libya Hammerfest 22112014 0430 06112014 0849 158 GAZOCEAN SA

LNG EDO Altamira Mexico Mexico 10012014 0800 02112014 0223 173 NIGERIA LNG LTD

MERIDIAN SPIRIT Al Hoceima Morocco Fos 17112014 0700 06112014 0958 17 TEEKAY SHIPPING GLASGOW LTD

METHANE RITA ANDREA Walvis Bay Namibia Atlantic Basin 12112014 0700 05112014 1016 13 CERES LNG SERVICES LTD

LNG BONNY Saint Eustasius Netherlands West Africa 17112014 0700 06112014 0953 01 STASCO SHIP MANAGEMENT

IBERICA KNUTSEN Goto Netherlands Guayanilla 13112014 0730 03112014 1902 174 KNUTSEN OAS SHIPPING AS

BRITISH DIAMOND Bonny Nigeria Gulf Of Guinnea 06112014 1000 05112014 1527 16 BP SHIPPING LTD

LNG RIVER NIGER Bonny Nigeria Bonny 04112014 1310 06112014 0201 179 NIGERIA LNG LTD

LNG OGUN Bonny Nigeria Bonny 02112014 0730 02112014 2031 18 NYK LNG UK

LNG PIONEER Bonny Nigeria Bonny 25102014 1030 27102014 0609 103 MOL LNG TRANSPORT EUROPE LTD

LNG LAGOS Bonny Nigeria Canarias 30112013 0100 31102014 0540 1 STASCO SHIP MANAGEMENT

ARCTIC AURORA hammerfest Norway Aliaga 27112014 0700 02112014 1040 124 dyNAGAS LTd

ARCTIC LADY Maloy Norway Hammerfest 07112014 1300 03112014 1305 107 HOEGH UK

GOLAR SEAL Maloy Norway Norway 07112014 1100 04112014 1213 65 GOLAR LNG LTD

ARCTIC PRINCESS Hammerfest Norway Hammerfest 03112014 0800 06112014 0953 0 HOEGH UK

UMM BAB Sines Portugal North East Atlantic 11042014 0200 06112014 0956 0 MARAN GAS MARITIME INC

BW GDF SUEZ BOSTON Ponta Delgada Portugal 30112013 0100 04112014 2213 153 BW GAS AS

METHANE JANE ELIZABETH Dakar Senegal Atlantic Basin 08112014 0630 30102014 1923 104 CERES LNG SERVICES LTD

LNG CROSS RIVER Dakar Senegal West Africa 28102014 0530 22102014 2200 163 NIGERIA LNG LTD

COOL VOYAGER Dakar Senegal Africa 01092014 0200 01112014 1707 163 THENAMARIS SHIPS MANAGEMENT

LNG IMO Saldanha South Africa Bonny 13112014 0600 06112014 0958 213 BW GAS AS

Name Nearest Port countryLatest

destinationLatest eTA

Last seen

Speed Knots Vessel Operator

ATLANTic BASiN

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ATLANTic BASiN

LNG LEO El Ferrol Spain Ferrol 17122014 0900 06112014 0955 0 PRONAV SHIP MANAGEMENT GMBH

GASLOG SANTIAGO Las Palmas Spain Atlantic Ocean 20112014 0700 06112014 0958 07 GASLOG LTD

STENA CLEAR SKY Gran Tarajal Spain Spain 11112014 0200 06112014 0941 101 STENA BULK AB

ARCTIC VOYAGER Motril Spain Aliaga 09112014 0900 04112014 1724 166 K LiNe LNG ShiPPiNG UK LTd

GDFSUEZ GLOBAL ENERGY Barcelona Spain Fos 08112014 0700 06112014 0958 44 GDF SUEZ

LNG PORT HARCOURT Las Palmas Spain Europe 08112014 0101 04112014 1959 17 STASCO SHIP MANAGEMENT

SEVILLA KNUTSEN Arrecife Spain 07112014 0700 01112014 0234 153 KNUTSEN OAS SHIPPING AS

CHEIKH BOUAMAMA Mahon Spain Skikda 06112014 1800 04112014 0044 15 HYPROC SHIPPING CO

GALICIA SPIRIT Motril Spain Bethioua 05112014 0601 04112014 1644 134 TEEKAY SHIPPING GLASGOW LTD

MALANJE Huelva Spain Huelva 04112014 0930 06112014 0955 01 NYK LNG UK

LNG PORTOVENERE Sagunto Spain Sagunto 04112014 0800 06112014 0958 01 EXMAR SHIPMANAGEMENT NV

LNG AKWA IBOM Arinaga Spain Africa 03112014 0600 27102014 2107 173 NIGERIA LNG LTD

LNG GEMINI El Ferrol Spain Ferrol 22102014 1800 06112014 0954 0 PRONAV SHIP MANAGEMENT GMBH

MOSTEFA BEN BOULAID El Ferrol Spain Ferrol 15092014 1700 06112014 0952 0 HYPROC SHIPPING CO

AAMIRA Cadiz Spain Milford Haven 11092014 0201 06112014 0939 194 STASCO SHIP MANAGEMENT

GALLINA Sant Antoni Spain 30112013 0100 06112014 0957 125 STASCO SHIP MANAGEMENT

METHANE HEATHER SALLY Scarborough TrinidadampTobago Atlantic Basin 25112014 0700 01112014 2238 153 CERES LNG SERVICES LTD

GALEA Tobago Oil Terminal TrinidadampTobago 16112014 0900 04112014 0041 137 STASCO SHIP MANAGEMENT

LNG LIBRA Charlotteville TrinidadampTobago Recalada 14112014 0101 03112014 0516 154 HOEGH UK

CADIZ KNUTSEN La Retraite TrinidadampTobago Port Of Spain 05112014 1700 06112014 0955 03 KNUTSEN OAS SHIPPING AS

BRITISH SAPPHIRE Point Fortin TrinidadampTobago 02112014 1300 05112014 1602 0 BP SHIPPING LTD

BRITISH MERCHANT La Retraite TrinidadampTobago Point Fortin 26102014 0400 06112014 0956 03 BP SHIPPING LTD

LNG LOKOJA Icdas Turkey Marmara 06112014 0400 06112014 0958 155 BW GAS AS

EXPLORER Kyme Turkey Mediterranean Sea 05112014 0101 05112014 0611 48 EXMAR MARINE NV

RAMDANE ABANE Canakkale Turkey Gelibolu 30102014 1530 05112014 1553 01 HYPROC SHIPPING CO

BRITISH INNOVATOR Salcombe UK Sagunto 26112014 1300 05112014 0003 182 BP SHIPPING LTD

WILGAS Thamesport UK isle Of Grain 03112014 1445 06112014 0957 0 AWiLcO LNG ASA

MESAIMEER Miami US Mexico 09112014 0700 06112014 0204 141 STASCO SHIP MANAGEMENT

ARCTIC SPIRIT Montevideo Uruguay Point Fortin 17112014 1700 05112014 0813 134 TEEKAY SHIPPING GLASGOW LTD




Last seen


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Last seen dWT Vessel Operator

ASiA-PAciFic BASiN

NORTHWEST SANDPIPER Koolan Island Australia Japan 28112014 0000 06112014 0135 146 SHELL TANKERS AUS PTY LTD

CLEAN FORCE Port Hedland Australia Nigata 24112014 0830 03112014 1444 13 DYNAGAS LTD

NORTHWEST SNIPE Broome Australia Nagoya 22112014 0000 29102014 2228 154 SHELL TANKERS AUS PTY LTD

LNG EBISU Broome Australia Niigata-Nishi 19112014 2300 31102014 1641 183 MITSUI OSK LINES LTD

WOODSIDE ROGERS Point Samson Australia South Korea 17112014 0600 06112014 0958 179 MARAN GAS MARITIME INC

LNG FLORA Broome Australia Himeji 16112014 0700 05112014 2352 147 NYK SHIPMANAGEMENT LTD

NORTHWEST SEAEAGLE Port Hedland Australia Yokkaichi 15112014 0300 31102014 1506 94 SHELL TANKERS AUS PTY LTD

GRAND ELENA Port Hedland Australia Yanai 13112014 0800 28102014 0839 136 NYK SHIPMANAGEMENT LTD

ENERGY FRONTIER Darwin Australia Yokkaichi 12112014 0200 04112014 1038 194 MITSUI OSK LINES LTD

NORTHWEST STORMPETREL Dampier Australia Singapore Port 11112014 0100 06112014 0952 0 SHELL TANKERS AUS PTY LTD

SERI ANGGUN Port Hedland Australia Himeji 10112014 0800 29102014 1353 141 MISC BHD

DAPENG STAR Dampier Australia Shenzhen 08112014 0200 01112014 2213 174 CHINA LNG INTERNATIONAL CO LTD

PACIFIC ENLIGHTEN Dampier Australia Dampier 06112014 0000 06112014 0958 0 NYK SHIPMANAGEMENT LTD

LNG DREAM Dampier Australia Dampier 04112014 1300 06112014 0956 0 NYK LNG UK

WOODSIDE GOODE Dampier Australia Indian Ocean 04092014 0800 06112014 0958 02 MARAN GAS MARITIME INC

METHANE PRINCESS Porvenir Chile Atlantic Basin 12112014 1100 28102014 1211 162 GOLAR MANAGEMENT UK

GOLAR GRAND Valparaiso Chile Pacific Basin 07112014 0700 06112014 0958 108 GOLAR MANAGEMENT UK

LNG KANO Punta Arenas Chile Bonny 03112014 1530 18102014 1615 15 BW GAS AS

DAPENG MOON Dapeng China Dampier 12112014 0000 03112014 0630 155 CHINA LNG INTERNATIONAL CO LTD

LNG JUPITER Longyan China Yeosu 06112014 2300 05112014 1045 117 NYK LNG UK

PUTERI DELIMA LV Hua Shan China Bintulu 04112014 1430 30102014 1714 168 MISC BHD

PUTERI DELIMA SATU LV Hua Shan China Bintulu 31072014 1530 23102014 1038 168 MISC BHD

GALEOMMA Shanghai China Far East 30112013 0100 29102014 0848 01 STASCO SHIP MANAGEMENT

GRACE ACACIA Suez Egypt Pyeongtaek 27112014 0700 06112014 0836 01 GAZOCEAN SA

AL GHARIYA Ras Sudr Egypt Fujairah 10112014 1400 04112014 1556 189 PRONAV SHIP MANAGEMENT GMBH

AL DAAYEN Suez Egypt Red Sea 05112014 2100 06112014 0958 107 TEEKAY SHIPPING GLASGOW

HYUNDAI COSMOPIA Mormugao India 21112014 0500 06112014 0941 205 HYUNDAI MERCHANT MARINE CO LTD

ISH Porbandar India Kisarazu 19112014 0145 06112014 0002 189 National Gas Shipping Company Ltd (NGSCO)

EJNAN Baitkal Cove India Ras Laffan 11112014 0400 06112014 0859 144 NYK LNG UK

AL BIDDA Vizhinjam India Ras Laffan 10112014 1100 06112014 0740 197 MITSUI OSK LINES LTD

AL KHARSAAH Hazira India Fujairah 09112014 0100 06112014 0958 0 TEEKAY SHIPPING GLASGOW

AL HAMLA Porbandar India Fujairah 07112014 1500 06112014 0333 185 QATAR GAS TRANSPORT - NAKILAT

SOHAR LNG Ratnagiri LNG Terminal

India Qalhat 01112014 0900 04112014 2136 197 OMAN SHIP MANAGEMENT CO SAOC

GASELYS Jafarabad India Balhaf 31102014 0700 27102014 0926 111 GAZOCEAN SA

MOZAH Ratnagiri LNG Terminal

India Far East 30102014 2300 04112014 1255 188 STASCO SHIP MANAGEMENT

ONAIZA Mormugao India Far East 30112013 0100 05112014 1822 164 STASCO SHIP MANAGEMENT

METHANE NILE EAGLE Banda Aceh Indonesia Indian Basin 21112014 0700 02112014 0710 149 CERES LNG SERVICES LTD

LNG BENUE Banda Aceh Indonesia Bonny 15112014 2100 30102014 2308 183 BW GAS AS

AL KHUWAIR Banda Aceh Indonesia Sakai 14112014 2000 06112014 0804 158 TEEKAY SHIPPING GLASGOW

AL RUWAIS Tanjung Uban Indonesia Kawagoe 14112014 0700 04112014 0827 152 PRONAV SHIP MANAGEMENT GMBH

GASLOG SYDNEY Tanjung Uban Indonesia Dapeng 14112014 0700 01112014 0906 192 CERES LNG SERVICES LTD

LNG OYO Tanjung Uban Indonesia Incheon 13112014 2300 06112014 0448 146 BW GAS AS

SK SUNRISE Kualatanjung Indonesia Ras Laffan 13112014 2200 05112014 2312 185 IINO MARINE SERVICE CO LTD

METHANE SHIRLEY ELISABETH

Cirebon Indonesia Pacific Basin 13112014 0700 01112014 2105 133 CERES LNG SERVICES LTD

AL HAMRA Tanjung Uban Indonesia Tokyo 13112014 0145 06112014 0843 198 National Gas Shipping Company Ltd (NGSCO)

SURYA AKI Bontang Badak LNG Terminal

Indonesia Himeji 12112014 2300 06112014 0957 0 PT HUMPUSS INTERMODA TRANSPORTASI TBK

TAITAR NO1 Banda Aceh Indonesia Ras Laffan 12112014 2300 06112014 0802 197 NIMIC SHIP MANAGEMENT CO LTD

AL WAJBAH Banda Aceh Indonesia Ras Laffan 12112014 0900 04112014 1706 193 MITSUI OSK LINES LTD

HYUNDAI OCEANPIA Banda Aceh Indonesia Qalhat 12112014 0500 05112014 1135 18 HYUNDAI MERCHANT MARINE CO LTD

SENSHU MARU Tanjung Merangas Indonesia Yokkaichi 12112014 0400 30102014 2259 163 MITSUI OSK LINES LTD

BW GDF SUEZ BRUSSELS Tanjung Uban Indonesia Pyeongtaek 12112014 0130 31102014 0709 115 BW GAS AS


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ASiA-PAciFic BASiN

HANJIN SUR Tanjung Uban Indonesia Incheon 12112014 0030 05112014 0541 168 HANJIN SHIPPING CO LTD

DOHA Batam Kota Indonesia Nagoya 11112014 2200 04112014 0554 171 NYK SHIPMANAGEMENT LTD

MURWAB Tanjung Uban Indonesia Pyeongtaek 11112014 0700 02112014 0447 128 MITSUI OSK LINES LTD

SK SUMMIT Tanjung Uban Indonesia Incheon 11112014 0000 04112014 0953 166 SK SHIPPING CO LTD

ECHIGO MARU Tanjung Uban Indonesia Kisarazu 10112014 2245 04112014 0354 159 NYK SHIPMANAGEMENT LTD

SERI BAKTI Tanjung Uban indonesia Gwangyang 10112014 0900 28102014 0757 145 MiSc Bhd

SONANGOL SAMBIZANGA

cigading indonesia incheon 10112014 0900 03112014 1457 144 SOciedAde NAciONAL de cOMBUSTiVeiS de ANGOLA

eP (SONANGOL)

HYUNDAI ECOPIA Tanjung Uban Indonesia Incheon 09112014 2330 03112014 0633 157 HYUNDAI MERCHANT MARINE CO LTD

DWIPUTRA Tolitoli Oil Terminal Indonesia Senboku 09112014 2300 01112014 1822 13 PT HUMPUSS INTERMODA TRANSPORTASI TBK

GOLAR MARIA Tanjung Uban Indonesia Naoetsu 09112014 0700 30102014 1255 133 GOLAR MANAGEMENT UK

AL GATTARA Tanjung Uban Indonesia Zhenjiang 08112014 2300 02112014 1927 157 QATAR GAS TRANSPORT - NAKILAT

SIMAISMA Tanjung Uban Indonesia Tai Chung 07112014 2300 03112014 1606 181 MARAN GAS MARITIME INC

LNG AQUARIUS Bontang Badak LNG Terminal

Indonesia Bontang 06112014 1000 06112014 0318 04 HANOCHEM SHIPPING PT

SERI BALQIS Tanjung Uban Indonesia Miri 26102014 0201 24102014 0815 187 MISC BHD

GDFSUEZ POINT FORTIN Banda Aceh Indonesia 22102014 0000 30102014 0705 187 MOL LNG TRANSPORT EUROPE LTD

YENISEI RIVER Batam Kota Indonesia Singapore Port 21102014 2000 22102014 0641 145 DYNAGAS LTD

RIBERA DUERO KNUTSEN Banda Aceh Indonesia Bonny 19102014 0900 30102014 0108 182 KNUTSEN OAS SHIPPING AS

LNG LERICI Tanjung Uban Indonesia Dongguan 11102014 1200 05112014 0455 14 EXMAR SHIPMANAGEMENT NV

WILENERGY Batu Ampar Indonesia Batu Ampar 20092014 0600 06112014 0958 03 AWILCO LNG ASA

STENA CRYSTAL SKY Pantoloan Indonesia Japan 11082014 0800 31102014 0811 178 STENA BULK AB

LNG RIVER ORASHI Banda Aceh Indonesia Bonny 31072014 0200 05112014 1148 184 BW GAS AS

AL REKAYYAT Tanjung Uban Indonesia Far East 30112013 0100 05112014 2106 104 STASCO SHIP MANAGEMENT

MARAN GAS CORONIS Tanjung Uban Indonesia China Sea 30112013 0100 02112014 0819 125 MARAN GAS MARITIME INC

VALENCIA KNUTSEN Chabahar Iran Orders 20112014 0600 28102014 0310 18 KNUTSEN OAS SHIPPING AS

RAAHI Chabahar Iran Dahej 07112014 2253 05112014 2312 164 SCI

ENERGY PROGRESS Ishikawa Japan Bintulu 27112014 0630 05112014 1926 111 MITSUI OSK LINES LTD

AL SAHLA Ishikawa Japan Singapore 22112014 0730 05112014 1638 196 NYK LNG UK

BROOG Shimotsu Japan Ras Laffan 20112014 0800 06112014 0958 168 NYK SHIPMANAGEMENT LTD

AL KHAZNAH Shimoda Japan Das Island 20112014 0400 05112014 0919 164 National Gas Shipping Company Ltd (NGSCO)

LNG BARKA Komatsushima Japan Singapore Port 18112014 0500 27102014 1635 99 NYK LNG UK

ENERGY NAVIGATOR Shimoda Japan Dampier 17112014 2300 05112014 1241 96 MITSUI OSK LINES LTD

NORTHWEST SANDERLING Wakayama Japan Dampier 16112014 0100 06112014 0955 143 SHELL TANKERS AUS PTY LTD

WOODSIDE DONALDSON Ishikawa Japan Dampier 15112014 0600 05112014 1746 177 TEEKAY SHIPPING GLASGOW

ZEKREET Gushikawa Japan Ras Laffan 15112014 0400 02112014 1709 20 KAWASAKI KISEN KAISHA LTD

AL AAMRIYA Akadomari Japan Singapore 13112014 1909 06112014 0958 173 MITSUI OSK LINES LTD

LNG MALEO Gushikawa Japan Singapore Port 13112014 0000 06112014 0856 13 MITSUI OSK LINES LTD

EKAPUTRA Komatsushima Japan Bontang 12112014 2300 05112014 0833 131 PT HUMPUSS INTERMODA TRANSPORTASI TBK

SERI ALAM Nishinoomote Japan Bintulu 11112014 0630 06112014 0951 164 MISC BHD

TENAGA LIMA Kochi Japan Bintulu 11112014 0630 06112014 0209 165 MISC BHD

SPIRIT OF HELA Shimoda Japan Port Moresby 10112014 0900 26102014 0850 161 MITSUI OSK LINES LTD

PACIFIC EURUS Gushikawa Japan Bintulu 10112014 0200 05112014 0533 143 NYK SHIPMANAGEMENT LTD

SURYA SATSUMA Gushikawa Japan Bontang 10112014 0000 04112014 1322 165 HUMOLCO TRANS INC

PACIFIC NOTUS Ishikawa Japan Darwin 09112014 2030 03112014 2023 194 NYK SHIPMANAGEMENT LTD

OB RIVER Wakkanai Japan Sakai 09112014 0800 05112014 0300 106 DYNAGAS LTD

PUTERI MUTIARA SATU Omaezaki Japan Bintulu 09112014 0630 31102014 1215 16 MISC BHD

CYGNUS PASSAGE Wakkanai Japan Prigorodnoye 08112014 2100 05112014 1501 166 NYK SHIPMANAGEMENT LTD

FRAIHA Shimotsu Japan Singapore Port 07112014 2300 01112014 1207 177 MITSUI OSK LINES LTD

AL JASRA Naha Japan Nagoya 07112014 2200 06112014 0957 136 NYK SHIPMANAGEMENT LTD

GASLOG SAVANNAH Ogasawara Japan Port Moresby 07112014 2100 30102014 1254 141 CERES LNG SERVICES LTD

FUJI LNG Shimoda Japan Prigorodnoye 07112014 0800 03112014 0132 126 TMS CARDIFF GAS LTD

GASLOG SKAGEN Shimoda Japan Singapore Port 07112014 0700 27102014 1320 149 CERES LNG SERVICES LTD

TANGGUH SAGO Shimotsu Japan Yokkaichi 07112014 0700 06112014 0958 107 TEEKAY SHIPPING GLASGOW

LNG JAMAL Susaki Japan Senboku 06112014 2300 06112014 0934 157 NYK SHIPMANAGEMENT LTD





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ASiA-PAciFic BASiN

SHINJU MARU NO2 Himeji Japan Himeji 06112014 1900 06112014 0853 139 SHINWA CHEMICAL TANKER KK

KAKUREI MARU Hachinohe Japan Hakodate 06112014 1730 06112014 0958 0 TSURUMI SUNMARINE CO LTD

SHINJU MARU NO1 Aji Japan Japan 06112014 1100 06112014 0958 134 SHINWA CHEMICAL TANKER KK

NORTH PIONEER Hakodate Japan Hakodate 06112014 0700 06112014 0956 01 IINO GAS TRANSPORT CO LTD

ENERGY ADVANCE Yokohama Japan Yokkaichi 06112014 0300 06112014 0206 0 MITSUI OSK LINES LTD

GRAND MEREYA Tobata Japan Tobata 06112014 0215 06112014 0400 08 MITSUI OSK LINES LTD

GHASHA Ishikawa Japan Japan 06112014 0145 04112014 2144 144 National Gas Shipping Company Ltd (NGSCO)

BUBUK Ichihara Japan Chiba 06112014 0130 06112014 0455 0 STASCO SHIP MANAGEMENT

NORTHWEST SWAN Nagoya Japan Nagoya 06112014 0030 06112014 0957 0 CHEVRON SHIPPING CO LLC

ALTO ACRUX Ichihara Japan Chiba 06112014 0015 06112014 0955 0 NYK SHIPMANAGEMENT LTD

ENERGY HORIZON Shimoda Japan Chiba 06112014 0000 06112014 0924 88 NIPPON YUSEN KAISHA

TANGGUH FOJA Miyazaki Japan Bintuni 31102014 0830 21102014 1048 169 KAWASAKI KISEN KAISHA LTD

PUTERI FIRUS Omaezaki Japan Bintulu 31102014 0600 25102014 0730 191 MISC BHD

GASLOG CHELSEA Nishinoomote Japan Port Moresby 30102014 1900 20102014 0958 159 CERES LNG SERVICES LTD

PUTERI NILAM Shimotsu Japan Bintulu 28102014 0700 22102014 1329 178 MISC BHD

TANGGUH BATUR Ishikawa Japan Bintuni 27102014 2300 16102014 1919 89 NYK SHIPMANAGEMENT LTD

BEBATIK Omaezaki Japan South China Sea 26102014 0100 27102014 1018 18 STASCO SHIP MANAGEMENT

BILIS Shimoda Japan South China Sea 15102014 1000 04112014 1009 139 STASCO SHIP MANAGEMENT

AL KHATTIYA Kisarazu Japan Kisarazu 30112013 0100 05112014 0529 0 STASCO SHIP MANAGEMENT

AL SADD Nishinoomote Japan Middle East 30112013 0100 06112014 0511 187 QATARGAS LIQUEFIED GAS CO LTD

AL SHEEHANIYA Omaezaki Japan Arabian Gulf 30112013 0100 01112014 1934 192 STASCO SHIP MANAGEMENT

BELANAK Ishikawa Japan South China Sea 30112013 0100 05112014 1816 146 STASCO SHIP MANAGEMENT

TEMBEK Shuaiba Kuwait Mina Al Ahmadi 30102014 0101 06112014 0958 05 QATAR GAS TRANSPORT - NAKILAT

STENA BLUE SKY Malakka Malaysia Suez 28112014 0600 06112014 0957 01 STENA BULK AB

LNG ADAMAWA Manjung Malaysia Nigeria 20112014 1300 01112014 2326 18 NIGERIA LNG LTD

WILFORCE Tanjung Pelepas Malaysia Suez 18112014 1400 06112014 0625 155 AWILCO LNG ASA

IBRI LNG Manjung Malaysia Qalhat 15112014 0500 05112014 2356 147 OMAN SHIP MANAGEMENT CO SAOC

UMM AL ASHTAN Port Klang Malaysia Kisarazu 15112014 0400 06112014 0114 202 National Gas Shipping Company Ltd (NGSCO)

AL SHAMAL Malakka Malaysia Ras Laffan 14112014 1100 06112014 0958 183 TEEKAY SHIPPING GLASGOW

MARIB SPIRIT Manjung Malaysia Balhaf 13112014 0830 05112014 1948 183 TEEKAY SHIPPING GLASGOW

KMUGUNGWHA Malakka Malaysia Pyeongtaek 12112014 2130 06112014 0956 192 KOREA LINE CORP

HYUNDAI GREENPIA Pasir Gudang Malaysia Malaysia 28102014 0930 06112014 0957 0 HYUNDAI LNG SHIPPING CO LTD

METHANE PATRICIA CAMILA

Labuan Malaysia South China Sea 19102014 1400 18102014 0755 97 CERES LNG SERVICES LTD

AMAN SENDAI Pasir Gudang Malaysia Malaysia 14102014 1500 04112014 0914 0 MISC BHD

PUTERI INTAN Labuan Malaysia Labuan 16092014 0200 19102014 0816 0 MISC BHD

TENAGA EMPAT Malakka Malaysia Sungai Udang 09012014 0100 06112014 0956 0 PETRONAS

LNG ENUGU Tanjung Pelepas Malaysia Nigeria 30112013 0100 06112014 0958 155 BW GAS AS

METHANE MICKIE HARPER Port Louis Mauritius Pacific Basin 14112014 1300 02112014 1834 116 CERES LNG SERVICES LTD

BARCELONA KNUTSEN Manzanillo Mexico Orders 07112014 2100 01112014 2028 202 KNUTSEN OAS SHIPPING AS

AL KHOR Khasab Oman Yokkaichi 21112014 2300 06112014 0958 202 NYK SHIPMANAGEMENT LTD

MUBARAZ Qalhat Oman Kisarazu 20112014 0145 06112014 0310 19 National Gas Shipping Company Ltd (NGSCO)

BRITISH EMERALD Qalhat Oman Atlantic 19112014 1600 27102014 0413 199 BP SHIPPING LTD

NIZWA LNG Qalhat Oman Yanai 19112014 0000 06112014 0646 181 OMAN SHIP MANAGEMENT CO SAOC

KACACIA Qalhat Oman 05112014 0500 05112014 0356 176 KOREA LINE CORP

FUWAIRIT Muscat Oman Fujairah 02112014 0400 02112014 1246 181 MOL LNG TRANSPORT EUROPE LTD

BILBAO KNUTSEN Al Duqm Oman Orders 29102014 0600 06112014 0648 181 KNUTSEN OAS SHIPPING AS

RASHEEDA Muscat Oman Europe 30112013 0100 02112014 1342 149 QATARGAS LIQUEFIED GAS CO LTD

AL WAKRAH Gwadar Pakistan Ras Laffan 08112014 0100 06112014 0724 198 MITSUI OSK LINES LTD

CASTILLO-SANTISTEBAN General San Martin Peru Orders 01112014 1300 04112014 1508 03 EMPRESA NAVIERA ELCANO SA

GEMMATA General San Martin Peru 03102014 0530 04112014 1740 175 STASCO SHIP MANAGEMENT





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ASiA-PAciFic BASiN

PUTERI ZAMRUD Basco Philippines Bintulu 13112014 0630 06112014 0501 164 MISC BHD

DAPENG SUN Calaca Philippines Dampier 10112014 0000 03112014 0437 141 CHINA LNG INTERNATIONAL CO LTD

MIN RONG Batangas Philippines Tangguh 08112014 2200 04112014 1652 148 CHINA LNG INTERNATIONAL CO LTD

AMAN HAKATA Basco Philippines Bintulu 08112014 0500 04112014 0838 142 MISC BHD

KFREESIA Basco Philippines Singapore Port 07112014 1300 02112014 1940 144 KOREA LINE CORP

SERI AYU Basco Philippines Bintulu 07112014 0500 03112014 0427 177 MISC BHD

SERI AMANAH Basco Philippines Bintulu 02112014 0500 06112014 0228 179 MISC BHD

PUTERI FIRUS SATU Masinloc Philippines Bintulu 01112014 1000 30102014 0000 177 MISC BHD

PUTERI ZAMRUD SATU Basco Philippines Bintulu 30102014 0100 27102014 0159 165 MISC BHD

MAGELLAN SPIRIT Hanjin Subic Shipyard Philippines North Asia 29102014 0700 29102014 0714 117 MAERSK LNG AS

YK SOVEREIGN Basco Philippines Bintulu 29102014 0300 03112014 0329 88 SK SHIPPING CO LTD

AMALI Basco Philippines South China Sea 13102014 0200 04112014 0625 159 BRUNEI GAS CARRIERS SDN BHD

ABADI Basco Philippines South China Sea 30112013 0100 23102014 2144 135 BRUNEI GAS CARRIERS SDN BHD

UMM AL AMAD Ras Laffan Qatar Ras Laffann 06112014 0900 06112014 0958 13 K LINE LNG SHIPPING UK LTD

DISHA Ras Laffan Qatar Ras Laffan 05112014 2201 06112014 0642 03 SCI

MARAN GAS ASCLEPIUS Ras Laffan Qatar Persian Gulf 05112014 1100 05112014 1145 1 MARAN GAS MARITIME INC

DUHAIL Ras Laffan Qatar Ras Laffan 04112014 0600 05112014 2259 12 PRONAV SHIP MANAGEMENT GMBH

AL THUMAMA Ras Laffan Qatar Ras Laffan 22102014 1030 06112014 0955 03 NYK LNG UK

SHAGRA Ras Laffan Qatar Persian Gulf 18102014 1000 06112014 0957 01 QATARGAS LIQUEFIED GAS CO LTD

AL KHARAITIYAT Ras Laffan Qatar Persian Gulf 30112013 0100 06112014 0949 09 STASCO SHIP MANAGEMENT

AL NUAMAN Ras Laffan Qatar Far East 30112013 0100 06112014 0648 05 STASCO SHIP MANAGEMENT

LIJMILIYA Ras Laffan Qatar Middle East 30112013 0100 06112014 0957 08 STASCO SHIP MANAGEMENT

UMM SLAL Ras Laffan Qatar Persian Gulf 30112013 0100 05112014 0859 01 STASCO SHIP MANAGEMENT

GRAND ANIVA Korsakov Russia Nagoya 31102014 0100 30102014 2033 117 UNICOM MANAGEMENT SERV-CYP

AL JASSASIYA Qadimah Saudi Arabia North Sea 01122014 1300 06112014 0936 171 MARAN GAS MARITIME INC

LNG BORNO Singapore Port Singapore Singapore Port 02122014 2000 05112014 1109 01 NYK LNG UK

LNG ONDO Singapore Port Singapore Bonny 25112014 1800 06112014 0958 29 BW GAS AS

AMAN BINTULU Loyang Offshore Base Singapore Johor Pasir 07112014 0000 06112014 0941 01 MISC BHD

METHANE JULIA LOUISE Singapore Port Singapore Gusong 06112014 1600 06112014 0958 02 CERES LNG SERVICES LTD

METHANE LYDON VOLNEY Sembawang Singapore Pacific Basin 31102014 0700 04112014 0803 0 CERES LNG SERVICES LTD

TAITAR NO3 Sembawang Singapore Singapore Port 22102014 0100 02112014 2048 0 NIMIC SHIP MANAGEMENT CO LTD

NORTHWEST SHEARWATER Sembawang Singapore Singapore Port 06102014 0000 08102014 1055 38 BP SHIPPING LTD

AL GHASHAMIYA Singapore Port Singapore Persian Gulf 30112013 0100 06112014 0954 03 QATARGAS LIQUEFIED GAS CO LTD

CELESTINE RIVER Port Elizabeth South Africa Japan 05122014 0700 05112014 2325 82 K LINE LNG SHIPPING UK LTD

TRINITY GLORY Ngqura South Africa Eastbound 01122014 0830 03112014 1047 156 K LINE LNG SHIPPING UK LTD

LNG SOKOTO Naval Base Simons Town

South Africa Japan 22112014 1500 29102014 0443 145 NLNG SHIP MANAGEMENT LTD

METHANE BECKI ANNE Mossel Bay South Africa Pacific Basin 22112014 1300 03112014 0045 147 CERES LNG SERVICES LTD

LNG RIVERS East-London South Africa Japan 20112014 2100 28102014 1737 149 NIGERIA LNG LTD

GOLAR ARCTIC Mossel Bay South Africa Tokyo 20112014 0700 26102014 0548 143 GOLAR MANAGEMENT UK

CLEAN ENERGY Durban South Africa Atlantic Basin 17112014 0700 06112014 0958 118 DYNAGAS LTD

SOYO Hout Bay Harbour South Africa Cape Town 04112014 0700 06112014 0958 53 ANGOLA LNG SUPPLY SERVICES LLC

METHANE SPIRIT Naval Base Simons Town

South Africa Cape Of Good Hope 02112014 0700 02112014 0357 139 TEEKAY SHIPPING GLASGOW

GASLOG SEATTLE Naval Base Simons Town

South Africa East China Sea 18102014 2300 23102014 1343 157 CERES LNG SERVICES LTD

GASLOG SINGAPORE Hout Bay Harbour South Africa Indian Ocean 11102014 0700 25102014 1733 152 CERES LNG SERVICES LTD

GOLAR CELSIUS East-London South Africa China For Orders 08102014 1400 26102014 1517 111 GOLAR LNG LTD

SK SPLENDOR Taean South Korea Qalhat 20112014 0400 06112014 0913 195 SK SHIPPING CO LTD

PUTERI INTAN SATU Okpo South Korea Bintulu 13112014 0630 06112014 0717 165 MISC BHD

STX KOLT Okpo South Korea Singapore Port 11112014 0311 05112014 1157 19 STX POS SHIP MANAGEMENT CO

ARWA SPIRIT Anjeong South Korea Tongyeong 06112014 0300 06112014 0540 67 MAERSK LNG AS

EXCEL Tongyeong South Korea Yosu 01112014 1200 01112014 1422 57 EXMAR SHIPMANAGEMENT NV





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ASiA-PAciFic BASiN

TANGGUH JAYA Tongyeong South Korea Bintuni 14102014 0900 08102014 0934 192 KAWASAKI KISEN KAISHA LTD

BU SAMRA Pyeongtaek South Korea Far East 30112013 0100 06112014 0957 01 STASCO SHIP MANAGEMENT

MEKAINES Taean South Korea Far East 30112013 0100 06112014 0230 159 STASCO SHIP MANAGEMENT

LNG SWIFT Galle Sri Lanka Tobata 21112014 1601 06112014 0341 122 NYK SHIPMANAGEMENT LTD

HYUNDAI TECHNOPIA Galle Sri Lanka 18112014 0100 05112014 1834 179 HYUNDAI LNG SHIPPING CO LTD

AL ZUBARAH Galle Sri Lanka Senboku 16112014 0200 05112014 1012 174 MITSUI OSK LINES LTD

AL DEEBEL Galle Sri Lanka Far East 12112014 2300 04112014 1328 163 MOL LNG TRANSPORT EUROPE LTD

IBRA LNG Galle Sri Lanka Qalhat 10112014 0900 05112014 2112 185 OMAN SHIP MANAGEMENT CO SAOC

HANJIN PYEONGTAEK Galle Sri Lanka 10112014 0530 04112014 2207 16 HANJIN SHIPPING CO LTD

ARCTIC DISCOVERER Galle Sri Lanka Malacca 09112014 1100 04112014 1346 145 K LINE LNG SHIPPING UK LTD

MRAWEH Galle Sri Lanka Khor Fakkan 08112014 0500 03112014 2237 19 National Gas Shipping Company Ltd (NGSCO)

BW GDF SUEZ EVERETT Hambantota Sri Lanka Balhaf 04112014 0830 30102014 0632 155 BW MARITIME PTE LTD

AL DAFNA Galle Sri Lanka Persian Gulf 30112013 0100 05112014 1539 168 STASCO SHIP MANAGEMENT

HANJIN RAS LEFN Donggang Taiwan Ras Laffan 20112014 2200 05112014 2034 145 HANJIN SHIPPING CO LTD

TAITAR NO2 Kaohsiung Taiwan Ras Laffan 17112014 2200 05112014 0740 187 NIMIC SHIP MANAGEMENT CO LTD

HYUNDAI AQUAPIA Donggang Taiwan Qalhat 17112014 1000 06112014 0954 196 HYUNDAI LNG SHIPPING CO LTD

GASLOG SHANGHAI Donggang Taiwan Port Moresby 04112014 1600 24102014 0549 171 GASLOG LTD

METHANE ALISON VICTORIA

Kaohsiung Taiwan Pacific Basin 04112014 0800 05112014 0331 181 CERES LNG SERVICES LTD

GRACE DAHLIA Lung-Men Taiwan Japan 04112014 0130 06112014 0945 83 NYK SHIPMANAGEMENT LTD

GIGIRA LAITEBO Donggang Taiwan Port Moresby 03112014 0700 19102014 0359 202 MITSUI OSK BULK SHIPPING (EUROPE) LTD

SUN ARROWS Donggang Taiwan Bintulu 03112014 0500 30102014 2300 162 MITSUI OSK LINES LTD

ENERGY CONFIDENCE Donggang Taiwan Bintulu 31102014 0630 05112014 0024 137 NIPPON YUSEN KAISHA

SERI ANGKASA Lung-Men Taiwan Bintulu 23102014 0600 06112014 0534 195 MISC BHD

TANGGUH HIRI Donggang Taiwan Bintuni 16102014 0500 06112014 0533 151 TEEKAY SHIPPING GLASGOW

PUTERI NILAM SATU Kaohsiung Taiwan Bintulu 07102014 1400 04112014 0317 20 MISC BHD

MIN LU Kaohsiung Taiwan Tangguh 05102014 2300 30102014 1834 159 CHINA LNG INTERNATIONAL CO LTD

ARKAT Kaohsiung Taiwan South China Sea 17092014 0200 08102014 0439 136 BRUNEI GAS CARRIERS SDN BHD

CATALUNYA SPIRIT Dibba UAE Suez 07112014 0800 02112014 0042 19 TEEKAY SHIPPING GLASGOW

LUSAIL Khor Fakkan UAE Middle East 06112014 0500 06112014 0957 02 NYK LNG UK

SALALAH LNG Khor Fakkan UAE Fujairah 06112014 0500 06112014 0955 01 OMAN SHIP MANAGEMENT CO SAOC

AL UTOURIYA The World Jumeirah UAE Ras Laffan 06112014 0400 06112014 0957 02 NYK LNG UK

MILAHA RAS LAFFAN Khor Fakkan UAE Fujairah 05112014 0700 06112014 0958 01 PRONAV SHIP MANAGEMENT GMBH

SHAHAMAH Fujairah UAE Khor Fakkan 03112014 1500 06112014 0958 02 National Gas Shipping Company Ltd (NGSCO)

AL SAFLIYA Khor Fakkan UAE Fujairah 03112014 0900 06112014 0956 02 PRONAV SHIP MANAGEMENT GMBH

AL HUWAILA The World Jumeirah UAE Dubai 26102014 1400 06112014 0958 02 TEEKAY SHIPPING GLASGOW

AL GHARRAFA The World Jumeirah UAE Mina Rashid 16102014 0100 06112014 0953 06 QATAR GAS TRANSPORT - NAKILAT

AL ORAIQ Fujairah UAE 11042014 1000 06112014 0955 01 K LINE LNG SHIPPING UK LTD

AL KARAANA Fujairah UAE Fujiarah 30112013 0100 06112014 0955 03 STASCO SHIP MANAGEMENT

AL MAFYAR Fujairah UAE Gulf 30112013 0100 06112014 0956 01 STASCO SHIP MANAGEMENT

AL MAYEDA Khor Fakkan UAE Gulf Of Oman 30112013 0100 06112014 0957 01 STASCO SHIP MANAGEMENT

AL GHUWAIRIYA Khor Fakkan UAE Persian Gulf 30112013 0100 06112014 0958 02 STASCO SHIP MANAGEMENT

BW GDF SUEZ PARIS Saleef Yemen Dahej 11112014 1900 05112014 0100 91 BW GAS AS

AL AREESH Saleef Yemen Ras Laffan 10112014 0101 05112014 0138 166 TEEKAY SHIPPING GLASGOW

ZARGA Saleef Yemen Persian Gulf 30112013 0100 05112014 0732 191 QATAR GAS TRANSPORT - NAKILAT





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Nigeria LNGrsquos stopgap reorganisation of its fleet ndash if its goes ahead as planned ndash should create positive externalities for nearly everyoneThe tender launched by Nigeria LNG (NLNG) for up to five modern diesel electric vessels this month was a newbuild ship-ownerrsquos dream

In one fell swoop those with uncommit-ted tonnage coming out of shipyards could lock in security of employment and the all-important associated cash flows over what many expect to be a difficult period

Basic fundamentals point to a bearish charter outlook quite simply because without new LNG production there are not enough cargoes to supply all the ships

It does not matter that year on year there will be fewer newbuilds in 2015 that had been ordered speculatively The overriding factor is that project vessels are lining up to arrive before projects are ready

US-based Chevron is a case in point with part of its Gorgon fleet due out already in the first quarter

So with the delayed and slow ramp-up of new LNG volumes set to come to market the decision by NLNG to consider retiring part of its existing fleet in favour of a modern up-grade is a saving grace for shipowners

Even for those who are not awarded the removal of five ships from the competitive shipping market would be very welcome Charter rates would almost certainly not sink as fast or as deep as they would otherwise

Some might say any support even in a falling market would not favour LNG traders as prospective charterers But the reality is that bottlenecks in the supply of new more technologically advanced ships would not favour anyone

That few charterers are able to accom-modate the additional logistical costs of inte-grating newbuilds into the operational global fleet is one reason why charter rates have not seen a sustained fall A diesel electric owner is currently offering a ship on the prompt above

$80000day in the Atlantic ndash significantly above summer lows ndash and this comes in spite of shipyards having delivered 35 newbuilds over the last 12 months in clockwork fashion

Bottlenecks of idle fuel-efficient modern tonnage waiting for virgin ship inspection reports are good news for no-one But the real issue is the continued use of inefficient tonnage

Globally across all industries there are few ships on the water as old as those in the LNG market

In some respect the durability of 1970s-built LNG ships is only natural given the non-corrosive nature of LNG in storage tanks but technological improvements regarding boil-off rate fuel efficiency and simply the cargo-carrying size cannot be ignored

The efficiency and monetary gains at stake are large So large that charter rates on all old ships have to drop to stay competitive And in the case of ships built pre-1990 the best commercial decision may be to simply send them to the scrap heap

Would that be bad news for the old ship-owners Not really old ships are depreciated assets and have outperformed their initial work specs

Many owners were close to retiring old vessels before 2011rsquos Fukushima disaster And now the LNG market has entered its post-Fukushima phase it only seems appro-priate that NLNG is considering the future of its six oldest ships from 1977 to 1984

NLNG has long recognised the need to upgrade its fleet It went to the shipyard itself to place newbuild orders But with these only set to come out in 2016 and a pool of other newbuilds available before them why wait

The benefits of tapping the charter mar-ket and taking modern diesel electric vessels under $65000day will significantly decrease NLNGrsquos shipping costs Ludovic Aldersley

GLM Comment

Global LNG Markets is published weekly by ICIS 110 High Holborn London WC1V 6EU United Kingdom ICIS accepts no liability for commercial decisions based on the content of this report Unauthorised reproduction onward transmission or copying of Global LNG Markets in either its electronic or hard copy format is illegal Should you require a licence or additional copies please email us at energysalesiciscomISSN 1747-8499 copy2014 ICIS

The benefits of modern vessels will significantly

decrease shipping costs

heren Global LNG Markets


iciS customer Support+65 6588 3955 (Asia amp Middle East) +44 20 8652 3335 (Europe amp Africa) +1 888 525 3255 (toll free US amp Canada) or +1 713 525 2613 (Americas) csciciscom

iciS compliance and Methodologywwwiciscomcompliance


editor GLMEdward Cox +44 20 7911 1772 edcoxiciscom

head of GasBen Wetherall +44 20 7911 1786 benwetheralliciscom

director Global energy MarketsLouise Boddy +44 20 7911 1948 louiseboddyiciscom

editorial director europe amp AmericasStephen Burns +1 713 525 2611 stephenburnsiciscom

Vice President of Sales Douglas Strien +44 20 7911 1919

energysalesiciscom

head of Sales Richard Haddrell

Product directorSimon Platt +44 20 7911 1957 simonplatticiscom


head of design and ProductionAlexis Rendell

Global Production editor Louise Murrell +44 20 8652 8139 louisemurrelliciscom

Global chief copy editorLewis Harper +44 20 8652 4958 lewisharpericiscom

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MarketsShipping

SPOT DES ASSESSMENTS $MMBtu

Location Dec 14Day on day

diff Data UsedEAX

Spread NBP Spread Jan 15Day on day

diff Data UsedEAX

Spread NBP Spread

Japan 11375 0000 I 0050 2651 11425 0000 I 0044 2431

South Korea 11225 -0025 I -0100 2501 11300 0000 I -0081 2306

China 11350 -0025 I 0025 2626 11400 -0025 I 0019 2406

Taiwan 11350 0000 I 0025 2626 11400 -0025 I 0019 2406

Singapore 11150 -0100 S -0175 2426 11200 -0100 S -0181 2206

Thailand 11200 -0050 S -0125 2476 11100 -0050 S -0281 2106

India 11000 0000 I -0325 2276 11100 0000 I -0281 2106

Dubai 10000 0000 F -1325 1276 10150 -0050 F -1231 1156

Kuwait 9900 -0100 F -1425 1176 9900 -0100 F -1481 0906

Turkey 11000 0000 F -0325 2276 11100 -0100 F -0281 2106

Greece 10850 0000 F -0475 2126 10850 -0050 F -0531 1856

Italy 10900 0000 I -0425 2176 11000 0000 I -0381 2006

Spain 10743 -0016 I -0582 2019 10805 -0023 I -0577 1811

Portugal 10643 -0016 I -0682 1919 10705 -0023 I -0677 1711

Netherlands 8384 0001 I -2941 -0340 8521 -0003 I -2860 -0473

Belgium 8389 -0020 I -2936 -0335 8560 -0032 I -2821 -0434

France 8637 -0016 I -2688 -0087 8902 -0023 I -2479 -0092

Britain 8549 -0016 I -2776 -0175 8812 -0023 I -2569 -0182

US Gulf 10170 -0100 I -1155 1446 10890 -0020 I -0491 1896

Chile 11320 -0250 I -0005 2596 11690 -0120 I 0309 2696

Brazil 11320 -0250 I -0005 2596 11490 -0420 I 0109 2496

Argentina 11250 -0360 I -0075 2526 11450 -0150 I 0069 2456

FOB RELOAD ASSESSMENTS $MMBtu

Dec 14Day on day diff

Zeebrugge 1100 000 I

US Gulf 1057 000 I

SPOT FOB ASSESSMENTS $MMBtu

Location PriceDay on day

diff

Middle East 10670 0050 I

North Africa 10640 -0110 I

West Africa 10700 -0100 I

Far East 11030 0000 I

Trinidad 10520 -0050 I

Northeast Asia 11100 0030 I

Australia 10500 -0100 I

Northern Europe 10210 -0270 I

The EAX spread value represents the individual DES assessment for the contract minus the EAX price for corresponding period The NBP spread represents the individual DES assessment for the contract in question minus the ICIS Heren benchmark NBP assessment published in European Spot Gas Markets on the day prior to publication

Australia West Africa and Trinidad FOB prices are assessed using transactions bidoffer information tender information and other relevant pricing information The loading period is 20-40 days ahead of the publication date Remaining FOB assessments are derived using a model that builds incremental forward curves using ICIS DES assessments FOB prices are established using the highest netback value achievable globally from the 20-40 day loading window according to this model Netback values are calculated using shipping rates for tri-fuel diesel electric vessels Full methodology document

Data used key B ndash Bidoffer T ndash Transaction S ndash Spread F ndash Fundamentals I ndash Interpolationextrapolation The key codes represent the primary data type used to make the assessment

LATEST GLOBAL SPOT TRANSACTIONS $MMBtu

Transaction date Delivery Period Price Origin Destination

7-15102015 09112014 $1150-$1200 Snohvit Aliaga

01-15082014 01-31102014 TBC TBC Hazira

TBC 8-15112014 TBC Bonny Brazil

20-25102014 15-31012015 $1400-$1420 TBC Japan

20-25102014 07-21012015 $1400-$1420 TBC Japan

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MarketsShipping


Location Price Diff




8474 -0021


8649 -0032


15200 0000


13940 -0052


17927 0000


4255 -0157


4351 -0156



NYMEX WTI Dec 14 13385 -0216

NYMEX WTI Jan 15 13381 -0211












IFO 380 IFO 180 MDO






Source Bunkerworld











18112014 Open 6112014



Sell NWS LNGDES or




Buysell Tenderer


No of cargoes


DeliveryLifting end

Tender open

Tender close Status

Information updated

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News












energysalesiciscom








































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321



1










Week-on-

week diff

eAX 11725 -1800 11838 -1975Japan 11750 -1800 11875 -1975

india 11100 -1150 11250 -1250

Spain 10626 -0546 10653 -0552

Britain 8435 -0535 8663 -0541

Argentina 11890 -1400 11880 -1590


dec 14 8607 9153 -0546 11352 -2745

Jan 15 8840 9392 -0552 11555 -2715

Feb 15 8893 9455 -0561 11571 -2677

Mar 15 8660 9202 -0542 11165 -2506

Apr 15 8408 8798 -0390 10656 -2248

May 15 8150 na na 10227 -2077

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


dec 14 4194 3788 0406 3466 0728

Jan 15 4287 3871 0416 3551 0736

Feb 15 4253 3866 0387 3567 0686

Mar 15 4167 3799 0368 3558 0609

Apr 15 3810 3614 0196 3550 0260

May 15 3780 3595 0185 3578 0202

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


december 14 10288 15200

January 15 10299 13970

February 15 10309 12744

March 15 10273 12449

April 15 10346 12532

May 15 10332 12611


Japan import




















syj
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Back to contents

















Market Report


OJO

IMA

GESREX

FEATU

RES




❯❯

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Market Report

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❯❯

❯❯ Page 5

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Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422






Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390


Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu




0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain



syj
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News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
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Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
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syj
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Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
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Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
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News Briefs






































syj
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Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
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Focus




































syj
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Tanker Movements

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Last seen


ATLANTic BASiN

syj
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Tanker Movements

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ATLANTic BASiN

































Last seen


syj
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Tanker Movements

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ASiA-PAciFic BASiN

























































syj
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Tanker Movements

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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
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Tanker Movements

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ASiA-PAciFic BASiN
























































syj
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Tanker Movements

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ASiA-PAciFic BASiN


























































syj
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Tanker Movements

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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
Stamp



MarketsShipping


Location Price Diff




8474 -0021


8649 -0032


15200 0000


13940 -0052


17927 0000


4255 -0157


4351 -0156



NYMEX WTI Dec 14 13385 -0216

NYMEX WTI Jan 15 13381 -0211












IFO 380 IFO 180 MDO






Source Bunkerworld











18112014 Open 6112014



Sell NWS LNGDES or




Buysell Tenderer


No of cargoes


DeliveryLifting end

Tender open

Tender close Status

Information updated

syj
Stamp

News












energysalesiciscom








































syj
Stamp

321



1










Week-on-

week diff

eAX 11725 -1800 11838 -1975Japan 11750 -1800 11875 -1975

india 11100 -1150 11250 -1250

Spain 10626 -0546 10653 -0552

Britain 8435 -0535 8663 -0541

Argentina 11890 -1400 11880 -1590


dec 14 8607 9153 -0546 11352 -2745

Jan 15 8840 9392 -0552 11555 -2715

Feb 15 8893 9455 -0561 11571 -2677

Mar 15 8660 9202 -0542 11165 -2506

Apr 15 8408 8798 -0390 10656 -2248

May 15 8150 na na 10227 -2077

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


dec 14 4194 3788 0406 3466 0728

Jan 15 4287 3871 0416 3551 0736

Feb 15 4253 3866 0387 3567 0686

Mar 15 4167 3799 0368 3558 0609

Apr 15 3810 3614 0196 3550 0260

May 15 3780 3595 0185 3578 0202

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


december 14 10288 15200

January 15 10299 13970

February 15 10309 12744

March 15 10273 12449

April 15 10346 12532

May 15 10332 12611


Japan import




















syj
Stamp

Back to contents

















Market Report


OJO

IMA

GESREX

FEATU

RES




❯❯

syj
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Market Report

Back to contents






























❯❯

❯❯ Page 5

syj
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Back to contents



Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422






Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390


Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu




0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain



syj
Stamp

News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
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News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

News












energysalesiciscom








































syj
Stamp

321



1










Week-on-

week diff

eAX 11725 -1800 11838 -1975Japan 11750 -1800 11875 -1975

india 11100 -1150 11250 -1250

Spain 10626 -0546 10653 -0552

Britain 8435 -0535 8663 -0541

Argentina 11890 -1400 11880 -1590


dec 14 8607 9153 -0546 11352 -2745

Jan 15 8840 9392 -0552 11555 -2715

Feb 15 8893 9455 -0561 11571 -2677

Mar 15 8660 9202 -0542 11165 -2506

Apr 15 8408 8798 -0390 10656 -2248

May 15 8150 na na 10227 -2077

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


dec 14 4194 3788 0406 3466 0728

Jan 15 4287 3871 0416 3551 0736

Feb 15 4253 3866 0387 3567 0686

Mar 15 4167 3799 0368 3558 0609

Apr 15 3810 3614 0196 3550 0260

May 15 3780 3595 0185 3578 0202

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


december 14 10288 15200

January 15 10299 13970

February 15 10309 12744

March 15 10273 12449

April 15 10346 12532

May 15 10332 12611


Japan import




















syj
Stamp

Back to contents

















Market Report


OJO

IMA

GESREX

FEATU

RES




❯❯

syj
Stamp

Market Report

Back to contents






























❯❯

❯❯ Page 5

syj
Stamp

Back to contents



Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422






Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390


Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu




0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain



syj
Stamp

News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
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News

Back to contents




ICIS onLinkedIn




























syj
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News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
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syj
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News

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syj
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News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
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Back to contents



News Briefs






































syj
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Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

321



1










Week-on-

week diff

eAX 11725 -1800 11838 -1975Japan 11750 -1800 11875 -1975

india 11100 -1150 11250 -1250

Spain 10626 -0546 10653 -0552

Britain 8435 -0535 8663 -0541

Argentina 11890 -1400 11880 -1590


dec 14 8607 9153 -0546 11352 -2745

Jan 15 8840 9392 -0552 11555 -2715

Feb 15 8893 9455 -0561 11571 -2677

Mar 15 8660 9202 -0542 11165 -2506

Apr 15 8408 8798 -0390 10656 -2248

May 15 8150 na na 10227 -2077

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


dec 14 4194 3788 0406 3466 0728

Jan 15 4287 3871 0416 3551 0736

Feb 15 4253 3866 0387 3567 0686

Mar 15 4167 3799 0368 3558 0609

Apr 15 3810 3614 0196 3550 0260

May 15 3780 3595 0185 3578 0202

05 Nov

1429 Oct

14change on week

05 Nov 13

change on year


december 14 10288 15200

January 15 10299 13970

February 15 10309 12744

March 15 10273 12449

April 15 10346 12532

May 15 10332 12611


Japan import




















syj
Stamp

Back to contents

















Market Report


OJO

IMA

GESREX

FEATU

RES




❯❯

syj
Stamp

Market Report

Back to contents






























❯❯

❯❯ Page 5

syj
Stamp

Back to contents



Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422






Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390


Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu




0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain



syj
Stamp

News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

Back to contents

















Market Report


OJO

IMA

GESREX

FEATU

RES




❯❯

syj
Stamp

Market Report

Back to contents






























❯❯

❯❯ Page 5

syj
Stamp

Back to contents



Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422






Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390


Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu




0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain



syj
Stamp

News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

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Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

Market Report

Back to contents






























❯❯

❯❯ Page 5

syj
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Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422






Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390


Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu




0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain



syj
Stamp

News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
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News

Back to contents




ICIS onLinkedIn




























syj
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News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
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News

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syj
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News

Back to contents





































syj
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News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

Back to contents



Tokyo 1209 2089 1934 0527 2423 0257 0728 2569

Pyeong Taek 1145 2024 1877 0477 2367 0335 0712 2503

Guangdong 0959 1834 1695 0310 2183 0474 0566 2312

yung An 1005 1866 1716 0321 2221 0410 0574 2360

Singapore 0716 1587 1467 0211 1954 0696 0385 2063

Map Ta Phut 0841 1714 1589 0266 2076 0686 0497 2191

hazira 0323 1192 1396 0644 1809 1135 0747 1665

Jebel Ali 0149 1148 1534 0785 1765 1277 0888 1621

Mina Al Ahmadi 0158 1212 1599 0849 1830 1342 0952 1686

Aliaga 0987 0347 0934 1492 0958 1992 1596 0814

revithoussa 0991 0324 0911 1496 0935 1996 1600 0791

rovigo 1108 0356 0943 1615 0967 2116 1719 0823

huelva 1235 0179 0665 1742 0679 2243 1846 0531

Sines 1254 0198 0662 1762 0663 2263 1866 0503

rotterdam 1443 0382 0842 1953 0792 2456 2057 0333

Zeebrugge 1432 0372 0832 1942 0782 2445 2046 0339

Montoir 1375 0316 0775 1884 0737 2387 1988 0416

isle of Grain 1430 0370 0829 1940 0780 2443 1771 0341

Sabine Pass 2023 0953 1140 2539 0478 2772 2252 0982

Quintero 2041 1483 1237 1777 1239 1642 1574 1806

Guanabara Bay 1707 0863 0682 1653 0627 2117 1513 1183

Bahia Blanca 1786 1101 0897 1721 0862 1901 1580 1422






Tokyo 10541 9661 9816 11223 9327 11493 11022 9181

Pyeong Taek 10505 9626 9773 11173 9283 11315 10938 9147

Guangdong 10791 9916 10055 11440 9567 11276 11184 9438

yung An 10745 9884 10034 11429 9529 11340 11176 9390


Jebel Ali 9951 8952 8566 9315 8335 8823 9212 8479

Mina Al Ahmadi 9842 8788 8401 9151 8170 8658 9048 8314

Aliaga 10113 10753 10166 9608 10142 9108 9504 10286

revithoussa 9909 10576 9989 9404 9965 8904 9300 10109

rovigo 9992 10744 10157 9485 10133 8984 9381 10277

huelva 9391 10447 9960 8883 9947 8382 8779 10095

Sines 9271 10328 9864 8763 9863 8262 8659 10023

rotterdam 6833 7893 7433 6323 7483 5820 6219 7943

Zeebrugge 6839 7900 7440 6330 7489 5826 6225 7932

Montoir 7146 8205 7745 6637 7783 6134 6532 8105

isle of Grain 7005 8065 7605 6495 7655 5992 6664 8093

Sabine Pass 8377 9447 9260 7861 9922 7628 8148 9418

Quintero 9659 10217 10463 9923 10461 10058 10126 9894

Guanabara Bay 9993 10837 11018 10047 11073 9583 10187 10517

Bahia Blanca 10104 10789 10993 10169 11028 9989 10310 10468

$MMBtu

$MMBtu




0

2

4

6

8

10

12

Tokyo

Bahia Blanca

Hazira

Huelva

Isle of Grain



syj
Stamp

News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

News

Back to contents





iFO 380 iFO 180 MdO

iFO 380 iFO 180 MdO



hOUSTON 44550 46400 -399 56000 56400 -071 na na na

FUJAirAh 47250 48650 -288 51650 52450 -153 na na na


SiNGAPOre 45700 48100 -499 47200 49800 -522 70700 72800 -288

chArTer rATeS $d









NBPEAX

$M

Mbt

u


SOURCE ICIS

0

5

10

15

20

25 NBP month+1

EAX month+1

3 Nov2014




$M

MBt

u



0

5

10

15

20

0

4

8

12

16

20

Aug2014

Jun2014

Apr2014

Feb2014

Dec2013

Oct2013

Aug2013


SOURCE ICIS NYMEX

3

4

5

6

7

8

9

10

11

12

13

3 Nov2014

1 Oct2014

1 Sep2014

1 Aug2014

1 Jul2014

2 Jun2014

Henry HubNBP

syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
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News Briefs






































syj
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Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
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Tanker Movements

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ATLANTic BASiN

































Last seen


syj
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Tanker Movements

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ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

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ASiA-PAciFic BASiN


















































syj
Stamp

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GLM Comment














energysalesiciscom







syj
Stamp

Back to contents



Tenders


Buysell Tenderer


No of cargoes


deliveryLifting end

Tender open

Tender close Status

information updated






01102014 Cancelled 16102014








Awarded 26092014








1 16082014 31082014 TBC TBC Awarded 07082014


Awarded 07082014






1 15072014 30072014 TBC 24062014 Closed 25062014






02062014-04062014

Awarded 05062014





Awarded 16052014




08052014 Awarded 12052014


08052014 Awarded 12052014



syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
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News

Back to contents











































syj
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News

Back to contents





































syj
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News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

Trades

Back to contents






datedelivery period

Price $MMBtu


updated

KYUSHU ELECTRIC

TBC 20-25102014 15-31012015$1400-1420


CHUGOKU ELECTRIC

TBC 20-25102014 07-21012015$1400-1420




BOTAS Statoil 7-15102015 09112014$1150-1200






RELIANCE INDUSTRIES




Bay15102014


FENOSA10102014 20102014

$1350-1400s


Bay15102014



PETRONET LNG



CHUGOKU ELECTRIC

SHELL 01-04092014 15-31102014$1385-1395






AES DOMINICANA



ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550


ENARSAGAS NATURAL

FENOSA18-22102013 08102014

$1500-1550




Bay03102014




RELIANCE INDUSTRIES



PETRONET LNG





ENARSAGAS NATURAL

FENOSA18-22102013 1-15102014

$1500-1550


ENARSA SHELL TBC 1-15102014$1050-1100





syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
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News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

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News Briefs






































syj
Stamp

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Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

Trades

Back to contents





dateLifting period

Price $MMBtu


updated























PAVILION ENERGY


EXCELERATE ENERGY














EXCELERATE ENERGY




TOHO GAS TBC 15-27072014 01-31102014$1130-1150

TBC TBCChita

Yokkaichi28072014

YPF BP TBC 01-31102014$1150-1200




datedelivery period

Price $MMBtu


updated



syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

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News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

News

Back to contents




ICIS onLinkedIn




























syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

News

Back to contents





























FREE Webinar


❯❯ Page 11


syj
Stamp

News

Back to contents











































syj
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News

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syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

syj
Stamp

Back to contents



News Briefs






































syj
Stamp

Back to contents














Focus

❯❯



DEN

KO

U IM

AG

ESREX FEA

TURES



syj
Stamp

Back to contents



Focus




































syj
Stamp

Tanker Movements

Back to contents



























































Last seen


ATLANTic BASiN

syj
Stamp

Tanker Movements

Back to contents



ATLANTic BASiN

































Last seen


syj
Stamp

Tanker Movements

Back to contents






ASiA-PAciFic BASiN

























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN
























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

Back to contents



ASiA-PAciFic BASiN


















































syj
Stamp

Back to contents




















GLM Comment














energysalesiciscom







syj
Stamp

News

Back to contents











































syj
Stamp

News

Back to contents





































syj
Stamp

News

Back to contents


































syj
Stamp

Back to contents



Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
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Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

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5045403530252015105

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ATLANTic BASiN

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SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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energysalesiciscom







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Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
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Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

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Last seen


ATLANTic BASiN

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ASiA-PAciFic BASiN

























































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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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syj
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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
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News

Back to contents


































syj
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Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

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DEN

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AG

ESREX FEA

TURES



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Focus




































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Last seen


ATLANTic BASiN

syj
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ATLANTic BASiN

































Last seen


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ASiA-PAciFic BASiN

























































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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


























































syj
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ASiA-PAciFic BASiN


















































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GLM Comment














energysalesiciscom







syj
Stamp

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Stocks

eUrOPeAN STOcKS


hub Area


Week-on-week change


year on year

Stock Level

FullStock Level



Austria 3744 9347 3860 9636 -116 -301 4006 8345 1002

Belgium - Zeebrugge

755 8762 779 9037 -24 -305 862 9126 -364

Czech Republic 2947 10056 2960 10099 -13 -043 2931 9417 639

Denmark 1040 9922 1032 9886 8 078 1048 9443 479

France - PEG Nord 5736 9138 5708 8930 28 049 6277 7859 1279

France - PEG Sud 3384 9904 3382 9880 2 007 3417 9092 812

France - PEG TIGF 2765 9891 2764 9869 1 002 2795 7830 2061

Germany - NCG 10027 9784 10010 9739 18 018 10248 8071 1713

Germany - Gaspool 12692 10205 12679 10113 13 010 12437 9479 725

Hungary 2979 6042 2880 5841 99 344 4930 2968 3074

Italy 11780 9868 11812 9895 -32 -028 11938 8494 1374

Netherlands - TTF 1346 9117 1317 8919 29 221 1477 8312 805

Poland 1548 9352 1646 9947 -98 -598 1655 9723 -371

Portugal 8 2171 8 2130 0 193 3892 7573 -5402

Slovakia 3219 9597 3273 9759 -54 -165 3354 8341 1256

Spain 377 1236 376 1232 1 025 3049 5082 -3846


Total 69246 9160 69358 9175 -112 -015 75593 8185 975














syj
Stamp

Back to contents



Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

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DEN

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U IM

AG

ESREX FEA

TURES



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Last seen


ATLANTic BASiN

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ATLANTic BASiN

































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ASiA-PAciFic BASiN

























































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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


























































syj
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Tanker Movements

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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
Stamp

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Stocks

US STOcKS



year ago

weekchange

5-year

Averagechange

East 1956 1913 225 1973 -090 2063 -520

West 498 490 163 555 -1030 528 -570

Producing 1117 1077 371 1282 -1290 1241 -1000









wwwiciscom






SOURCE US DOE BA


Billi

on c

ubic

feet

Percentage fullness

Weeks

0

20

40

60

80

100

800

1200

1600

2000

2400

2800

3200

3600

4000

5045403530252015105

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ATLANTic BASiN

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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


















































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energysalesiciscom







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Focus

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ATLANTic BASiN

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SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN


















































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GLM Comment














energysalesiciscom







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Focus

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DEN

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AG

ESREX FEA

TURES



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ASiA-PAciFic BASiN

























































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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


























































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ASiA-PAciFic BASiN


















































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GLM Comment














energysalesiciscom







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Focus




































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Last seen


ATLANTic BASiN

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ATLANTic BASiN

































Last seen


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ASiA-PAciFic BASiN

























































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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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syj
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ASiA-PAciFic BASiN


















































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GLM Comment














energysalesiciscom







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Last seen


ATLANTic BASiN

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ATLANTic BASiN

































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SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


















































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GLM Comment














energysalesiciscom







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ATLANTic BASiN

































Last seen


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ASiA-PAciFic BASiN

























































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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


























































syj
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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
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ASiA-PAciFic BASiN

























































syj
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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


























































syj
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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
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Tanker Movements

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ASiA-PAciFic BASiN







SONANGOL SAMBIZANGA


eP (SONANGOL)




















































syj
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ASiA-PAciFic BASiN
























































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ASiA-PAciFic BASiN


























































syj
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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
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ASiA-PAciFic BASiN
























































syj
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ASiA-PAciFic BASiN


























































syj
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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
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Tanker Movements

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ASiA-PAciFic BASiN


























































syj
Stamp

Tanker Movements

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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
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Tanker Movements

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ASiA-PAciFic BASiN


















































syj
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GLM Comment














energysalesiciscom







syj
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GLM Comment














energysalesiciscom







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Documents

Heren LNG Markets aily - Chemical Industry News & … · India DES December '14 11.000 0.000 I ... onward transmission or copying of LNG Markets Daily in either its electronic or