MNI Gas Weekly - Norwegian Outages Offer TTF Uplift
May-21 12:00By: Andrew Couper and 2 more...
Natgas
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Executive Summary:
- European Gas Benchmarks have rallied on seasonal Norwegian maintenance/unplanned outages.
- Asia’s LNG market remains under pressure amid moribund Chinese buying.
- In the Middle East & Africa, Egypt is looking for LNG supply contracts from 2028-2030.
- Henry Hub is down week on the week, but a late surge May 20 pared losses.
- In the Americas, Saguaro LNG’s FID is at the mercy of the US DoE expansion permits.
