Economics

Summer of LNG Starts With a Bang in Britain

  • Cove Point beats Sabine Pass in economics of supply to Europe
  • Britain’s LNG imports pick up with 5 cargoes in April 1-8
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The start of spring has heralded the return of liquefied natural gas to the U.K.

As seasonal demand wanes in Asia, the key buying region for the fuel, cargoes from countries including Qatar and Russia have started arriving on British shores. In total 11 ships will unload from March 7 through Sunday, versus just seven in the four months through February.