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Flows of US LPG to NWE in June expected to reach 200,000 mt

London (Platts)--13 Jun 2018 1016 am EDT/1416 GMT


Flows of LPG into Northwest Europe from the US are expected to reach at least 200,000 mt in June, sharply higher than May, according to data from cFlow, S&P Global Platts trade flow software.

Four VLGCs are expected to arrive in Northwest Europe from either the US Gulf Coast or East Coast by the end of June, with an additional Handysize vessel also expected.

That includes: the 54,336 dwt Concorde which arrived from Houston into Flushing June 7; the 49,680 dwt Legend Prestige, which arrived from Port Arthur into Antwerp around June 7; the 51,700 dwt Gas Summit, expected to arrive in Flushing from Marcus Hook June 14; and the 54,048 dwt Clipper Sirius, expected to arrive in Flushing from Freeport around June 23. The 23,358 dwt Navigator Gemini arrived in Rotterdam June 1 and the 29,425 dwt Kapellen is expected to berth in Antwerp around June 29.

The 54,048 dwt Clipper Victory was ultimately rerouted south towards Tarragona, Spain, but may instead continue even further east through Port Said, Egypt, according to cFlow.

Those arrivals are sharply up from May, which ultimately saw three VLGCs arrive from the US, or around 130,000 mt.

The majority of product that arrives from the US Gulf Coast is propane, which is used as a cooking and heating fuel in Europe as well as an alternative petrochemical feedstock to naphtha.

--Katherine Dunn, katherine.dunn@spglobal.com

--Edited by Jonathan Loades-Carter, jonathan.carter@spglobal.com




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