MNI Gas Weekly: TTF Remains in Contango

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Executive Summary: 

• European Gas Benchmarks have traded in a tight range, with global LNG supplies in focus.
• Asia’s LNG market remains at multi-month lows amid weak Chinese imports.
• Maintenance activity and unplanned outages are set to weigh on near-term LNG supply.
• Henry Hub has fallen back following strong and stable production against faltering demand.