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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.
NATURAL GAS
The gas market is expected to remain tight in 2024 from a supply perspective despite the easing tensions this year, with a limited safety buffer and risk of heightened volatility according to IEA Analyst Greg Molnar via LinkedIn.
- The missing piped Russian gas supplies will only be recovered towards 2025-26 when the major US and Qatari LNG projects will be online.
- Russian pipeline supplies to Europe fell by 120bcm in 2022-23 which equated to over 20% of global LNG trade.
- Liquefaction capacity increased by less than 40bcm/y in 2022-23. The increase could be well-below 20bcm in 2024 with the delay of Golden Pass Train 1 and with uncertainties surrounding Arctic 2 LNG.
- The “gas markets will need more time (and more volumes) to recover from the 2022-23 supply shocks.”
Source: IEA
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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