December 04, 2024 13:05 GMT
MNI Gas Weekly: Gas Prices Stabilise After Recent Rise
Executive Summary:
- European Gas Benchmarks have held steady on the week as the storage withdrawal rate slows.
- Asia’s LNG market climbed last week amid colder weather, although ample supplies may moderate further gains.
- In the Middle East, Egypt and Jordan agree to utilise the former’s LNG import infrastructure.
- Henry Hub has fallen to a two-week low as East Coast temperatures rise.
- In Latin America, Argentina is ramping up plans to boost takeaway capacity from Vaca Muerta.
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