The world’s largest liquefied natural gas ship has arrived in the U.K, at South Hook import terminal, the port’s Web site said Thursday. Qatar’s Mozah, which can carry up to 266,000 cubic meters of LNG, is berthed at the terminal until Friday, and is due to leave at 1700 GMT, the Web site says.

The vessel is the latest in series of LNG cargo arrivals in the U.K. in 2009, and traders expect the increased supply of LNG into Europe from Asia and the Middle East to pull prices for U.K. natural gas lower over the summer months.

Dragon LNG and South Hook LNG terminals, both located in Milford Have, south Wales, between them have a capacity to supply up to 25% of the U.K.’s gas requirements and are expected to be fully commissioned during the first half of 2009, the port Web sites say.

The Isle of Grain, the U.K.’s oldest LNG import terminal, is able to import 9.8 million metric tons of LNG a year. U.K.-based oil and gas major BP PLC (BP), state-owned Algerian energy company Sonatrach, U.K. utility Centrica PLC (CNA.LN) and French utility GDF-Suez SA (GSZ.FR) are the capacity holders at the terminal.

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