NATS Opines on Future of Transatlantic Arbitrage for LNG

NATS [subscription required] speculates that recent developments in the Atlantic Basin LNG market may be part of a larger effort to make the transatlantic arbitrage market more liquid. These include ConocoPhillips’ delivery of the first cargo to Belgium’s Zeebrugge regasification terminal, which was sourced from Trinidad & Tobago, as well as Freeport LNG’s applications to add re-export and liquefaction capabilities to its import terminal in order to use foreign and domestic natural gas to maintain proper cryogenic conditions in their LNG storage tanks.

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