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Continental European May LNG regasification highest in over six years

Increase font size  Decrease font size Date:2018-06-05   Views:389
LNG regasification in Continental Europe rose to its highest monthly level in over six years in May, with strong monthly increases seen in several countries, data from S&P Global Platts Analytics showed Monday.

LNG regas from Continental Europe (Belgium, France, Italy, the Netherlands, Poland, Portugal, Spain combined) was 4.135 Bcm of natural gas equivalent during May, climbing 23% month on month and 12% year on year, hitting its highest for a calendar month since January 2012 in the process.

Continental European LNG regas for the first five months of the year was 16.002 Bcm, the highest for the time of year since 2012, the data showed.

LNG regas in France rose strongly on an increased arrival schedule last month, up at 1.316 Bcm as a result, its highest monthly total since the same month back in 2011.

In Belgium, LNG regas from the Zeebrugge terminal remained at its recent high levels, reaching 344 million cu m last month, a fresh 37-month high.

Furthermore, Polish LNG regas of 269 million cu m was the highest for a calendar month since the Swinoujscie facility began commercial operations back in January 2016.

Spanish LNG regas, however, stayed below 1 Bcm for the second month in succession after having been above 1 Bcm for 18 months straight between October 2016 and March 2018.
 
 
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