MNI Gas Weekly: European Fundamentals Back in Focus

Jul-02 10:36By: Andrew Couper and 2 more...
Natgas

MNI Gas Weekly - European Fundamentals Back in Focus.pdf

Executive Summary: 

  • European Gas Benchmarks have traded mostly rangebound, with fundamentals back in the driver’s seat.
  • Asia’s LNG market continues to face pressure as supply concerns from the Middle East ease.
  • In the Middle East & Africa, Israeli gas flows have returned to normal levels.
  • Henry Hub has seen a downtrend in recent days, amid milder forecasts for H2 July and continued strong production.
  • In the Americas, small scale LNG project on Mexico’s Gulf coast is set for FID in H2 2025.