This is an excellent example of how to film a UFO. The context for the image is shown., including a specific verifiable location. The video is continuous until the object disappears. And other eyewitness are interviewed immediately. The video has also been posted on YouTube by the videographer who shot it. On YouTube he notes:
Please note, although the length of time that you see the object is brief, before I got to my video camera to start filming it was glowing incredibly brightly. Like someone in the sky was shining a dazzlingly bright torch. It was unreal.
The object does initially appear to be a star. But the fact that it shrinks and then disappears negates this theory. Others suggest it’s a plane reflecting the sun. A possible explanation but not a definitive one.