MNI Gas Weekly: Gas Bearish Despite Arrival of Winter

Dec-03 12:37By: Andrew Couper and 3 more...
Natgas

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Executive Summary: 

  • European Gas Benchmarks fell further amid above-normal December temperatures.
  • Asia’s LNG market fell to an eight-week low on muted demand and high inventories.
  • In the Middle East & Africa, Aramco completes the first phase of Jafurah gas plant project.
  • Henry Hub touched three-year highs on colder weather and record-setting feedgas.
  • In the Americas,  Mexico’s Fast LNG Onshore project was denied a critical pipeline permit.