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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
Sendout at Belgium’s 11.4m mtpa Zeebrugge LNG terminal is set to fall to its lowest monthly level since Dec. 21 as rising import capacity in Germany lowers demand from the terminal, Argus said.
- Belgian sendout was 194 GWh/d on Feb. 1-12, compared to 381 GWh/d over the same period in 2023.
- German imports from Belgium also slipped to 468 GWh/d from Jan. 1 – Feb. 12, compared to 693 GWh/d a year earlier.
- Rising LNG sendout availability in Germany could continue to put pressure on Belgian demand for supply for transit eastwards, Argus said.
- Germany's 5.8m mtpa Stade and 3.1m mtpa Wilhelmshaven 2 FSRUs are due to arrive in by the end of Q2.
- Arrivals of new FSRUs will boost Germany’s import capacity to 31m mtpa from mid-2024, compared to the current 11.4m mtpa.
Source: Argus
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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