Executive Summary:
- European Gas Benchmarks hit their highest level since Oct. 2023 as concerns around low storage linger.
- Asia’s LNG market softened this week as the Lunar New Year flattened activity.
- In the Middle East, Chevron plans to expand its East Med gas fields.
- Henry Hub has lost ground this week amid strong production, but weather concerns are limiting downside.
- In Latin America, Mexico is seeking to amend laws to strengthen its energy sector.
Full piece here:
MNI Gas Weekly - Supply Fears Support European Gas Surge.pdf