MNI Gas Weekly: TTF Rallies While Asia Remains Dormant

Jan-14 13:31By: Andrew Couper and 3 more...
Natgas

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Executive Summary: 

  • European Gas Benchmarks rally on colder weather forecasts in Europe/Asia and amid Iran tensions.
  • Asia’s LNG market continues to see tepid demand, although colder weather may spark a rebound.
  • In the Middle East & Africa, Aramco’s spending in gas reserve development is matching upstream oil expenditure.
  • Henry Hub has been volatile amid mixed weather data.
  • In the Americas, Colombia is seeking access to lower cost Venezuelan natgas.