The LNG Canada consortium, the operator of the LNG Canada liquefaction plant in Kitimat, British Columbia (BC), confirmed that the LNG tanker, Gaslog Glasgow (image below), departed Kitimat on June 30 with Canada’s inaugural export cargo of LNG to overseas markets. Ship tracking data currently pegs the storage and regasification terminal at Incheon, South Korea as the destination for this first export cargo. Tracking data also indicates that the tanker appears to be fully loaded with approximately 171,000 cubic meters of LNG (~3.6 Bcf equivalent).
Featured Articles
- Analyst Insight
LNG Canada To Commence Production of LNG with First Export Cargo Looking Likely by Early July
LNG Canada's first export cargo of produced LNG looks to be two to three weeks away based on latest tanker tracking data.
- Analyst Insight
LNG Canada: First LNG Production and a Nearby Tanker Awaiting First Exports
First LNG production for LNG Canada was confirmed this past weekend with a LNG tanker awaiting arrival orders just a few days sail from the Kitimat site.
- Blog
Bottleneck Blues - Traffic at the Panama Canal and Its Impacts on LNG Economics
On the 8th of October, the LNG carrier Golar Penguin loaded a cargo for RWE at the Freeport LNG terminal in Texas. Five days later, on October 13, the vessel was sitting just north of Panama. But then, the ship abruptly changed direction on the 14th and headed towards the Cape of Good Hope to deliver to the Far East. The reason for the diversion was that the vessel did not have a passage booked in the new locks of the Panama Canal and would have had to wait approximately nine days for its turn to transit, before heading across the Pacific Ocean to Asia. Since then, as queues of LNGCs for Panama Canal transits, both northbound (ballast) and southbound (laden) have developed, more ships have opted for the longer route. In today’s blog, we look at the delays that have developed surrounding the Panama Canal and the implications that its operations hold for global LNG trade.
