Monday, January 14, 2008

Jan 21 Import Slot At UK's Isle Of Grain LNG Terminal Free

14 January 2008
Dow Jones News Service
LONDON (Dow Jones)--The Jan. 21 berthing slot at the U.K.'s Isle of Grain liquefied natural gas import terminal won't be used by capacity holders and has been offered to the wider market, LNG Grain Agency's Web site said Monday.

This is the second successive berthing slot to be released by capacity holders BP PLC (BP) and Algeria's state-owned energy company Sonatrach. The Jan. 15 slot was released last week. A U.K.-based gas trader said the cargo was diverted to Turkey, whose gas supplies from Iran were cut off.

The Isle of Grain terminal, operated by National Grid PLC (NGG), is able to import 4.4 billion cubic meters of gas a year.
EBRV [ Excelerate ]