France: Elengy Offers Ship Reloading Service at Montoir LNG Terminal

Elengy, a GDF unit, said in a statement it is offering a new commercial service dedicated to LNG tankers reloading operations at the Montoir-de-Bretagne LNG terminal.

This service, starting from February 1st, shall reinforce terminal’s competitiveness allowing shippers to benefit from additional flexibility and arbitrage opportunities, Elengy said.

The loading rate is around 4 500 m3GNL/h, which means that a reloading operation is performed in less than two days overall for a standard cargo. The associated tariff comprises a fixed term of 240 000 EUR and a variable term of 0.16 EUR per MWh reloaded. This is only 400 000 EUR to load a 1 TWh cargo, which is equivalent to around 150 000 m3 of LNG.

“Any shipper that has signed a standard access contract to the Montoir-de-Bretagne LNG terminal can apply to the ship reloading service. To be noted that the reloading service is fully independent from the unloading and regasification services.

Indeed, a shipper can either reload part of the LNG that he has delivered to the terminal beforehand, or load some LNG that has been transferred in tanks from another party.” Elengy said in a a statement.

[mappress]

LNG World News Staff, January 25, 2012; Image: Elengy