September 18, 2024 12:06 GMT
NATGAS: MNI Gas Weekly: Norwegian Supply Return Weighs on European Gas
NATGAS
Executive Summary:
- European Gas Benchmarks have lost ground as inventories build and supply fears fade, but concerns for winter remain in focus.
- Asia’s LNG market has softened this week, with trading activity subdued during Gastech.
- Henry Hub has gained ground as a production drop outweighs weaker LNG feedgas flows.
- In Latin America, Brazilian buyers are paying premiums to secure cargoes amid heatwaves and droughts.
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