Jan 15, 2025 - 1:09 PM
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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