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.