07.02.2025, 08:17
Australian LNG was sent to Europe for the first time since 2022
Source: OREANDA-NEWS
OREANDA-NEWS The Elisa Ardea, a vessel that recently docked at the Wheatstone LNG export facility in Western Australia, is set to depart for Dunkirk, France, according to ship tracking data.
The vessel's draft, which is manually recorded by the crew, has not changed since leaving the dock, suggesting that it may not be carrying any cargo.
The loss of Russian pipeline gas through Ukraine has contributed to the rising demand for LNG in Europe since the beginning of the year. Traders are redirecting supplies from Asia to Europe, where prices have reached a two-year high.
In Asia, demand has been subdued this year, and importers have scaled back their spot purchases. The steep decline in freight rates has made it more advantageous for LNG carriers to undertake longer voyages if the price is right.
The last time Australian LNG was received in Europe was in November 2022, according to Bloomberg data. In 2024, Australia exported all its LNG to Asia, as per shipping data.
The vessel's draft, which is manually recorded by the crew, has not changed since leaving the dock, suggesting that it may not be carrying any cargo.
The loss of Russian pipeline gas through Ukraine has contributed to the rising demand for LNG in Europe since the beginning of the year. Traders are redirecting supplies from Asia to Europe, where prices have reached a two-year high.
In Asia, demand has been subdued this year, and importers have scaled back their spot purchases. The steep decline in freight rates has made it more advantageous for LNG carriers to undertake longer voyages if the price is right.
The last time Australian LNG was received in Europe was in November 2022, according to Bloomberg data. In 2024, Australia exported all its LNG to Asia, as per shipping data.
Комментарии