UK LNG regasification rates came close to moving into three figures Dec. 10 as UK gas demand has continued above seasonal norms on the back of cold temperatures as well as high gas-for-power demand, an analysis by S&P Global Platts showed.
LNG regas rates in the UK were running at 99 million cu m/d early during the Dec. 10 gas day, with total nominations for the gas day at 95 million cu m, which if realized, would be the highest daily volume since late March, data from National Grid showed. The increase was largely evenly spread amongst the UK’s three LNG regasification terminals with Isle of Grain nominated at 37 million cu m, South Hook nominated at 32 million cu m, and Dragon at 27 million cu m for the Dec. 10 gas day, S&P […]