­MNI Gas Weekly - Market Awaits Signals from US-Russia Talks

Mar-12 12:35By: Andrew Couper and 2 more...
Natgas

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Executive Summary: 

  • European Gas Benchmarks have risen on colder weather forecasts.
  • Asia’s LNG market is still in limbo as traders hold out for a further drop in prices.
  • In the Middle East, Iraq is turning to LNG after the US ended its exemption to import Iranian gas.
  • Henry Hub has relinquished previous gains, as milder weather counters high LNG feedgas flows.
  • In the Americas, Argentina’s Enarsa is finalising its first LNG tender ahead of the country’s winter.