Japan, the world’s largest buyer of liquefied natural gas, is set to receive a cargo loaded from storage in France today, ship-tracking data show.
The Grace Dahlia, with a capacity of 177,000 cubic meters, is sailing to Oita LNG Co.’s terminal in southern Japan, according to transmissions captured by IHS Fairplay on Bloomberg. The vessel loaded the supercooled gas out of storage from the Montoir-de-Bretagne LNG facility in western France and departed Nov. 4.
Elengy SA, a unit of French utility GDF Suez, owns and operates the Montoir-de-Bretagne terminal, according to the company’s website. France doesn’t produce LNG.
Oita LNG’s 4.99 million metric ton-a-year terminal started in 1990, and receives LNG supplies from Indonesia, Russia, Australia and Algeria, data compiled by Bloomberg show. Asian LNG buyers typically import spot cargoes from December to March to meet peak heating and power demand during winter in the northern hemisphere.