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MNI Gas Weekly: Eyes Fixed on Weather Forecasts

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­Executive Summary: 

  • European Gas Benchmarks are climbing again this week, hit by colder weather and an Azeri outage.
  • Asia’s LNG market is losing out to Europe for US volumes, while China’s appetite for cargoes remains muted.
  • In the Middle East, Egypt is back in the market for LNG volumes.
  • Henry Hub has found support this week as colder weather covers the U.S.
  • In Latin America, Panama Canal transits are rising, while Colombia is importing its first LNG cargoes of 2025.

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­Executive Summary: 

  • European Gas Benchmarks are climbing again this week, hit by colder weather and an Azeri outage.
  • Asia’s LNG market is losing out to Europe for US volumes, while China’s appetite for cargoes remains muted.
  • In the Middle East, Egypt is back in the market for LNG volumes.
  • Henry Hub has found support this week as colder weather covers the U.S.
  • In Latin America, Panama Canal transits are rising, while Colombia is importing its first LNG cargoes of 2025.

Full piece here:

Keep reading...Show less