Trafigura Gains South Hook LNG Access
The deal gives Trafigura an option to purchase spare import slots as they become available.
The moves may signal that QatarGas, which currently supplies the terminal, expects to send fewer cargoes to Britain, given the higher potential for profit in diverting supplies to higher-paying markets in Asia.
"QatarGas has always said that its supply is divertible," the spokesman said, adding that diversification of suppliers helps bolster Britain's energy security.
The spare capacity deals are designed to allow other companies the chance to bring in cargoes from other exporting countries such as Trinidad and Algeria.