MNI Gas Weekly: Freight Rates Drive Up LNG Prices

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Executive Summary: 

• European Gas Benchmarks continue to hinge on weather forecast revisions.
• Asia’s LNG market is on the rise amid climbing freight rates.
• In the Middle East & Africa, cargoes are seen diverting from NWE to Egypt and Jordan.
• Henry Hub has softened from an eight month high as colder weather abates.
• In the Americas,  the US DoE is pressuring Mexico Pacific to reveal its investors.