Free Trial
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.
LNG
Total LNG imports into Europe have averaged just over 380mcm/d over the week to Oct 10 as European gas remains at a premium to Asia.
- Net flows from NW Europe terminals have gradually trended higher from a dip down to near 150mcmd/d in June up to recent levels around 250mcm/d. The five year average for this time of year is approximately 80mcm/d as flows historically pick up heading into the winter season.
- The US LNG netback to Europe is currently estimated at 37.41$/mmbtu and the netback to Asia is 25.97$/mmbtu.
- 29 LNG tankers have already arrived into NW Europe in October with another 30 currently expected before the end of the month. Nearly 60% of the cargoes this month are from either US or Qatar.
- TTF NOV 22 up 0.8% at 161.5€/MWh
- NBP NOV 22 up 0.6% at 295.66p/th
- JKM Nov 22 up 0.9% at 34.7$/mmbtu
- JKM-TTF Nov 22 up 0.3$/mmbtu at -10.75$/mmbtu
- US Natgas NOV 22 up 1.2% at 6.51$/mmbtu
Source: MNI / Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok