­MNI Gas Weekly - EU Doubles Down on Dumping Russian Gas

May-07 12:00By: Andrew Couper and 2 more...
Natgas

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Executive Summary: 

  • European Gas Benchmarks have risen on supply disruptions and EU plans to phase out Russian gas.
  • Asia’s LNG market has fallen to a new one-year low as demand remains lethargic.
  • In the Middle East & Africa, Qatar is looking to boost its supply contracts with Japanese buyers.
  • Henry Hub could face some pressure amid healthier stockpiles and planned turnarounds at LNG facilities.
  • In the Americas, Latam LNG imports rose nearly 37% month-on-month in April