France's Elengy says received delivery of LNG cargo at Fos
1/26/2017
PARIS (Reuters) -- French terminal operator Elengy said on Thursday that it had received delivery of a cargo of LNG at its Fos terminal on Wednesday, and expected to receive six more deliveries in February.
 |
| Photo Courtesy of Elengy. |
Elengy said it was the third cargo it had received in the month of January.
The delivery could ease supply pressure in southern France where prices hit record highs last week and the spread with prices in the north widened further due to tight supply following a force majeure in Algeria.
French southern gas hub contract was at 40.200 euros/MWh on Thursday, down 0.62%, sharply lower from its Friday high of 45 euros/MWh.
The price in the north was up 3.29% to 19.625 euros/MWh.
Reporting by Bate Felix, editing by Gus Trompiz
Sign up to Receive Our Newsletter
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
Comments