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­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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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.

Full piece here:

Keep reading...Show less