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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
European gas markets are maintaining a premium over Asian markets with LNG flows required to replace missing pipeline flows.
- The US LNG netback to Europe is currently estimated at 54.30$/mmbtu compared to 31.72$/mmbtu to Asia. The netback to Europe is at least 10$/mmbtu higher than to Asia throughout the coming winter period.
- Total LNG imports into Europe are just under 400mcm/d with imports into NW Europe up to 245mcm/d. Another 21 LNG cargoes are expected into NW Europe by Oct 13.
- TTF OCT 22 down -7.6% at 191.4€/MWh
- NBP OCT 22 down -15.3% at 272.5p/th
- JKM Oct 22 down -3% at 41.21$/mmbtu
- JKM-TTF Oct 22 up 2.1$/mmbtu at -13.15$/mmbtu
- US Natgas NOV 22 up 2.1% at 7.1$/mmbtu
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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