Bloomberg News

Chile May Receive Spot LNG Cargo From Yemen at Mejillones Port

March 15, 2013

Chile may receive a spot cargo of liquefied natural gas from Yemen, according to ship-tracking data.

The Grace Acacia, with a capacity of 146,791 cubic meters, arrived today at the port of Mejillones on Chile’s northern coast, according to ship transmissions captured by IHS Inc. (IHS:US) on Bloomberg. The tanker sailed from Yemen LNG’s Balhaf terminal, where it loaded its cargo and departed Jan. 26.

A Yemen LNG official didn’t respond to a call to his office number or an e-mail seeking comment.

GNL Mejillones, the owner and operator of the terminal, had a three-year contract with France’s GDF Suez (GSZ) for 30 trillion British thermal units per-year, or around 10 cargoes, that started in 2010 and ended in 2012, according to a presentation by Frederik Janssens, the company’s chief executive officer.

An average-sized LNG cargo has approximately 3 trillion British thermal units.

Chile has a contract to import 1.7 million metric tons of LNG annually at the Quintero terminal on its central coast from BG Plc that started in 2009 and ends in 2030, according to data compiled by Bloomberg.

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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