MNI Gas Weekly: Henry Hub Spike Boosts Spot LNG Favourability
Dec-10 11:59By: Andrew Couper and 3 more...
Natgas
Executive Summary:
- Spot LNG prices have fallen below term-contracts.
- European Gas Benchmarks continue to be weighed upon by mild weather.
- Asia’s LNG market has plummeted, with the lowest January JKM delivered price in six years.
- In the Middle East & Africa, the $35bn Israel-Egypt natural gas deal is now set for approval.
- Henry Hub prices have retreated from three-year highs as cold spells clear.
- In the Americas, LNG flows through the Panama Canal remain subdued.
