Commodity Market Report
LNG short-term trade and price outlook (Q3 2024)
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
European TTF prices have rallied in August with geopolitical tensions increasing disruptions risks (transit volumes at Sudzha, escalation of the conflict in the Middle East creating some risks at Hormuz and in the East-Med). NW European LNG imports remained weak, with many cargoes sailing from/to Asia. Low utilisation of European regas terminals has kept the discount of Northwest European LNG DES prices versus TTF largely below the cost of primary regas capacity. Asian LNG DES prices have reduced their premium to around $1/mmbtu and trade around the oil parity level.
Table of contents
- Supply disruption risks push prices higher, despite comfortable stock levels
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Insight
US tariffs and implications on global gas and LNG markets
Three scenarios to assess gas/LNG pricing dynamics
$950
Insight
The impact of 50% tariffs on US steel
US 50% steel tariffs redraw trade flows. We assess the impact on demand, production, and top exporters. No partner is immune.
$1,050
Insight
What does an OPEC+ accelerated return of cuts mean?
We examine the impact of a continuation of the accelerated easing of OPEC+ voluntary cuts from July through October 2025.
$1,350
