LNG tanker Patris scheduled to arrive at US Cove Point terminal in April: Platts cFlow

Houston (Platts)--13 Mar 2018 821 pm EDT/021 GMT

As Dominion Energy prepares for commercial service to start at its Cove Point LNG export terminal, a new tanker was listed Monday as headed to the Maryland facility, after a previous one changed its destination, data compiled by S&P Global Platts vessel tracking software cFlow shows.

The BP chartered Patris, which entered service in February and was ordered by a partnership between K Line Shipping and Greek vessel owner Chandris, is currently in the Arabian Sea and scheduled to arrive at Cove Point on April 9, the data shows. It has a draught history that indicates the tanker is partly laden, which means it would be in a position to pickup LNG.

Cove Point has both import and export capabilities. A Dominion spokesman did not respond to a request for comment, and previously the company has refused to provide any updates to the timing of commercial service. BP officials did not immediately respond to a request for comment on the Patris' plans.

The company had previously said that commercial service at Cove Point, under contracts with Gail India and a joint venture involving Japan 's Sumitomo and Tokyo Gas, would begin in early March. There has been reduced feedgas activity at the facility since March 2 when Dominion shipped its first commissioning cargo, joining Cheniere Energy as the only US exporters of LNG produced from shale gas.

Cove Point has not reported any feedgas volumes delivered to the plant since Dominion received regulatory approval on March 5 to begin commercial service for exports, data from S&P Global Platts Analytics shows.

Japan, the world's biggest LNG importer, is entering its seasonal demand lull and it is expected to bring two large-scale nuclear reactors online in the coming months for Kansai Electric Power, which is a major LNG consumer and the expected destination of some of the LNG to be shipped from Cove Point under the contact with the joint venture involving Tokyo Gas.

Gail commenced its long-term commercial agreement with Cheniere's Sabine Pass LNG export terminal in Louisiana last week. Platts Analytics estimates that Gail will have around seven cargoes a month to market, import or sell via shipments from Sabine Pass and Cove Point as of May. -- Harry Weber and Jack Winters,

-- Edited by Kevin Saville,

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