MNI Gas Weekly: Global Gas Markets Under Pressure

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Executive Summary: 

• European Gas Benchmarks face continued pressure from healthy fundamentals and intensified efforts to end the Russia-Ukraine war.  
• Asia’s LNG market is under further pressure amid weak demand and healthy inventories.
• In the Middle East & Africa, Iraq received bids from two companies to develop an FSRU.
• Henry Hub has fallen this week amid cooler temperatures and lower LNG feedgas flows.
• In the Americas,  Mexico’s Amigo LNG signed a supply agreement with Gunvor.