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MNI Gas Market Weekly: Unplanned Outages and Gazprom Supply Fears Adding Support to TTF

12/06/2024)

Executive Summary:

  • European Gas markets are finding support in recent days as an outage at Australia’s Wheatstone LNG could create additional competition with Asia for LNG cargoes while Gazprom rulings add further regional supply fears.
  • Asia’s LNG prices continue to hover around the $12/MMBtu mark, with the Wheatstone outage supporting JKM.
  • Henry Hub has been on an uptrend due to warmer weather and lower production levels across the US.


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MNI Gas Market Weekly - Unplanned Outages and Gazprom Supply Fears Adding Support to TTF.pdf

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