February 12, 2025 12:42 GMT
MNI Gas Weekly: Global Gas Hubs Set Bullish Tone
Executive Summary:
- European Gas Benchmarks hit their highest in 2-years amidst low gas storage and subsidy discussions.
- Asia’s LNG market saw higher prices this week as marginal cargoes headed to Europe.
- In the Middle East, Egypt has purchased significant volumes of LNG from Shell and Total.
- Henry Hub has trended upward this week amid record LNG feedgas flows.
- In Latin America, LNG imports rose 2% on the month in January.
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