November 14, 2019 / 4:07 PM / 3 months ago

Britain's Grain LNG terminal exports a European record daily amount of gas

LONDON, Nov 14 (Reuters) - Britain’s Grain liquefied natural gas (LNG) terminal exported the highest ever daily amount of gas to the UK grid this week , marking record daily exports from a European LNG terminal, operator National Grid said on Thursday.

* The terminal on the Isle of Grain, in south-east England, exported 698 gigawatt hours (GWh) of gas into the country’s network on Wednesday, over 100 GWh more than its previous record and representing around a quarter of UK gas demand.

* “The record activity is due to a global LNG oversupply, which has seen significantly more cargos head for North West Europe,” said Nicola Duffin, Commercial Manager for Grain LNG.

* “We expect utilisation will remain high throughout the winter and beyond,” she said.

* LNG volumes sent to the UK gas system hit their highest levels since 2010 earlier in November.

Reporting By Susanna Twidale; editing by Nina Chestney

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