MNI Gas Weekly: Weather Risks Add to European Gas Volatility

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Executive Summary: 

• European Gas Benchmarks have been volatile, weighing strong LNG supplies against cold winter weather.
• Asia’s LNG market remains under pressure with Japan and China on the sidelines.
• In the Middle East & Africa, Egypt signed a MOU with Qatar aimed at boosting LNG supplies.
• Henry Hub continues to face pressure on warmer weather across much of the Lower 48.
• In the Americas, Venezuela has the potential to impact global LNG markets.