Monday 22 November 2010

Centrica brings in LNG from U.S.

Britain's biggest energy supplier has taken delivery of the first liquefied
natural gas (LNG) to be re-exported from the United States to the UK. The Maersk Meridian tanker arrived at the Isle of Grain terminal near London
on Thursday night, according to terminal operator National Grid, to deliver
to Centrica, the owner of British Gas.

A spokesman for Centrica declined to say who the cargo was bought from or
how much was paid for it.

The shale-gas saturated United States started re-exporting LNG to
higher-paying markets in Asia, South America, and Spain earlier this year.

But the Meridian is the first to deliver to Britain super-cooled gas that
had previously been imported to the United States, in response to a widening
gulf between U.S. and UK prices.

http://www.iii.co.uk/news/?type=reutersnews
&articleid=TRE6AI3LY&feed=Bus&action=article

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