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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.
LNG
Amid ongoing geopolitical risks persisting into Q2, East Med LNG prices are tracking trends seen in the Italian gas hub, with sources seeing this region as the most favourable in Europe.
- The East Med has typically traded at a discount to European prices, but the region is now tracking movements in Italy’s PSV gas hub.
- East Med prices have been at a premium to NWE since Jan. 17, amid Red Sea shipping constraints and thus reduced arrivals of Middle East cargoes.
- Maintenance at OLT in Italy is also boosting price levels in the region.
- East Med LNG is currently at a 25 cents/MMBtu premium to NWE LNG and a 5 cents/MMBtu premium to TTF.
- PSV stands at a 43.7 cents/MMBtu premium to East Med levels, which could encourage healthy LNG imports.
Source: S&P Global Commodity Insights
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.
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