February 05, 2025 13:24 GMT
MNI Gas Weekly: Supply Fears Support European Gas Surge
Executive Summary:
- European Gas Benchmarks hit their highest level since Oct. 2023 as concerns around low storage linger.
- Asia’s LNG market softened this week as the Lunar New Year flattened activity.
- In the Middle East, Chevron plans to expand its East Med gas fields.
- Henry Hub has lost ground this week amid strong production, but weather concerns are limiting downside.
- In Latin America, Mexico is seeking to amend laws to strengthen its energy sector.
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