FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Asian Gas Demand & Ukraine Key Market Focus: Equinor CFO

NATGAS

Asian gas demand trends and the fate of Russian gas into Europe are key factors to monitor for market supply-demand balances, Torgrim Reitan, CFO at Norway's Equinor, said July 24, cited by Platts.

  • "Going forward, prices will depend on the weather, European demand and competition for LNG," Reitan said. "As expected, storage levels in Europe are healthy, but the market remains fragile. Small changes can give large fluctuations."
  • Reitan also said that Equinor expects industrial gas demand to rise around 10% to approximately 100 bcm.
  • Norway is now the largest single gas supplier to Europe. Production rose 13% on the year to average 744k boe/d in Q2.
  • Equinor’s realised European gas price averaged $9.94/MMBtu in Q2.
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletPower Bullets
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletPower Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.