August 5

Dutch Gate continues to receive LNG cargoes from Peru

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As previously reported by LNG Prime, the 4.4 mtpa Peru LNG plant shipped five cargoes of LNG to Gate during May and June.

The first shipment was sent on May 31 onboard the 174,000-cbm LNGShips Manhattan, the second onboard the 174,000-cbm Pan Americas on June 10, the third onboard the 173,400-cbm Valencia Knutsen on June 19, the fourth onboard the 170,000-cbm Methane Becki on June 21, and the fifth onboard the 174,000-cbm Malaga Knutsen on June 29.

All of these LNG carriers delivered their cargoes to the Gate terminal, their AIS data provided by VesselsValue shows.

The Peru LNG terminal shipped two more cargoes to the Gate terminal on July 7 and July 13, the shipment data by state-owned Perupetro shows.

The 173,400-cbm Magdala is expected to deliver a cargo from Peru to Gate on Monday, while the 173,673-cbm Castillo de Santisteban is expected to arrive at the Dutch facility around August 7, their AIS data shows.

If all of the shipments land at Gate, the LNG terminal would receive seven cargoes shipped from the Peru LNG plant in a row.

Before these shipments, Gate received a cargo from Peru in September 2023 and has never received more than two cargoes shipped from the Peru LNG facility in a row, the Perupetro data shows.

LNG giant Shell holds 20 percent in Peru LNG and offtakes all the volumes. Shell also has long-term regasification capacity booked at the Gate facility owned by Gasunie and Vopak.

US-based Hunt Oil holds a 50 percent operating stake in the Pampa Melchorita LNG plant, while MidOcean Energy and Marubeni have 20 percent and 10 percent, respectively.

MidOcean Energy, the LNG unit of US-based energy investor EIG, completed in April its previously announced purchase of the 20 percent stake in Peru LNG from a unit of South Korean conglomerate SK.

Besides these two LNG cargoes that were sent to Gate in July, the Peru LNG plant shipped two more shipments during the month.

The 174,000-cbm Pan Africa left the Peru LNG plant on July 18 and is expected to deliver its cargo to Japan, the Perupetro data shows.

In addition, the 174,000-cbm GasLog Gibraltar left the plant on July 25 and is expected to deliver its cargo to Canada, the data shows.

The four Peru LNG shipments loaded onboard the LNG carriers in July equal about 248,624 tonnes.

These LNG cargoes compare to four LNG cargoes (224,264 tonnes) in July last year and four LNG cargoes (292,526 tonnes) in the prior month, while the plant shipped five cargoes in May, five cargoes in April, five LNG cargoes in March, four cargoes in February, and five cargoes in January.

The facility increased its exports last year, and it also expects to boost the number of shipments in 2024.

Peru LNG loaded 55 vessels in 2023, compared to 51 vessels in 2022.

The LNG terminal operator previously told LNG Prime it expects to load 60 vessels in 2024.

Source: lngprime.com

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The post Dutch Gate continues to receive LNG cargoes from Peru appeared first on Energy News Beat.

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