en.Wedoany.com Reported - Grain LNG has launched a non-binding Expression of Interest (EOI) process, inviting market participants to register interest in regasification capacity available at its Isle of Grain terminal from October 2029. The capacity package comprises approximately 200,000 cubic metres of LNG storage capacity and 125 GWh/day of regasification capacity (equivalent to around 3 million tonnes per year), along with associated berth usage rights. The deadline for submitting expressions of interest is 15 July 2026.
This EOI is a non-binding registration process, where participants are only required to express interest at this stage without assuming formal bidding obligations. Grain LNG will review all submissions before the deadline before finalising the product offering. Any decision to launch a formal capacity allocation process will be announced separately at a later date, accompanied by a corresponding timeline. This two-step strategy allows Grain LNG to fully incorporate market feedback before finalising the structure of any future tender, preserving flexible options for both parties.
The capacity being released does not involve new infrastructure but stems from long-term contracts expiring in October 2029, at which point this existing terminal capacity will re-enter the market. The capacity package offers approximately 200,000 cubic metres of LNG storage capacity and 125 GWh/day of regasification capacity (equivalent to around 3 million tonnes per year), together with berth usage rights, constituting a comprehensive access opportunity. For potential customers, this means securing long-term access to an already operational, mature facility without the lead time or capital risk associated with new projects.
In terms of EIO product structure, Grain LNG is considering four different options: granting all capacity to a single participant, a split capacity model based on shared arrangements, and a joint bid structure allowing two or more participants to bid together. Capacity sharing arrangements are central to the flexibility strategy, aimed at broadening the range of potential participating customers. Additionally, Grain LNG is using this EOI to gather market feedback on whether such arrangements can meet participant needs, indicating that the final product design has not yet been fully determined.
Grain LNG operates the UK's primary LNG import terminal on the Isle of Grain in Kent, providing a flexible pathway for the UK to access the global LNG market, enabling the procurement of offshore natural gas supplies when pipeline gas or domestic production is insufficient. Managing Director Simon Culkin noted that the terminal plays a key role in supporting UK supply security, and this EOI process helps the company better understand market demand, ensuring that the proposed capacity offering and support arrangements align with market needs. In recent years, the UK's natural gas supply landscape has undergone significant changes, making long-term capacity commitments at import terminals strategically important for buyers and the broader energy system. Any formal capacity allocation process will be announced separately under its own timeline.
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