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NATGAS: MNI Gas Weekly: Azeri-Ukrainian Transit Deal Takes Focus

NATGAS

Executive Summary:

  • European Gas Benchmarks were rocked this week on talk of a potential Azerbaijan-Ukraine gas transit deal, but its outcome remains unclear.
  • Asia’s LNG market continues to fall, leaving price-sensitive buyers debating the best time to buy.
  • In the Middle East, Egypt fully awarded its 20-cargo tender, with Aramco a big winner.
  • Henry Hub has surged to a near three-month high amid hurricane season supply concerns and lower production ahead of colder weather.
  • In Latin America, Argentina’s Enarsa plans to slash its 2025 LNG imports.
  • LNG Bunkering looks well positioned heading into 2025.

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Executive Summary:

  • European Gas Benchmarks were rocked this week on talk of a potential Azerbaijan-Ukraine gas transit deal, but its outcome remains unclear.
  • Asia’s LNG market continues to fall, leaving price-sensitive buyers debating the best time to buy.
  • In the Middle East, Egypt fully awarded its 20-cargo tender, with Aramco a big winner.
  • Henry Hub has surged to a near three-month high amid hurricane season supply concerns and lower production ahead of colder weather.
  • In Latin America, Argentina’s Enarsa plans to slash its 2025 LNG imports.
  • LNG Bunkering looks well positioned heading into 2025.

Full piece here: