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MNI Gas Weekly: Winter Supply Scares Subsiding

StoryAnalysis

Executive Summary: 

  • European Gas Benchmarks have slid this week, as milder weather, stronger LNG imports and lower storage withdrawals ease supply concerns
  • Asia’s LNG market is seeing a period of subdued demand, amid weaker Chinese buying and ample regional storage
  • In the Middle East, Egypt is set to acquire a second FSRU at Ain Sokhna from mid-2025
  • Henry Hub has seen a net gain over the last week amid recent cold weather.
  • In Latin America, November’s LNG imports were down 6% on the month.

 

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Executive Summary: 

  • European Gas Benchmarks have slid this week, as milder weather, stronger LNG imports and lower storage withdrawals ease supply concerns
  • Asia’s LNG market is seeing a period of subdued demand, amid weaker Chinese buying and ample regional storage
  • In the Middle East, Egypt is set to acquire a second FSRU at Ain Sokhna from mid-2025
  • Henry Hub has seen a net gain over the last week amid recent cold weather.
  • In Latin America, November’s LNG imports were down 6% on the month.

 

Keep reading...Show less