MNI Gas Weekly - Summer Storage Injections Start to Climb

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Executive Summary: 

• European Gas Benchmarks have fallen after above normal storage injections outweigh US-China talk optimism.
• Asia’s LNG market saw its first decline in five weeks as demand shows little sign of improvement.
• In the Middle East & Africa, Egypt is set to receive an additional FSRU.
• Henry Hub is losing ground amid continued triple digit storage builds.
• In the Americas, six companies submitted bids for what is likely Enarsa’s final tender of the Argentinian winter.