Commodity Market Report
Global gas & LNG weekly summary: 10 Aug 2023
Report summary
With a possible Australian LNG strike on the horizon, TTF spikes at the prospect of more competition with NE Asia This week TTF increased considerably after the news broke of a possible strike at major LNG export facilities in Australia. TTF prompt increased ~34%, and the winter months averaged an increase of ~12%. NE Asia also posted a ~7% increase in the front of the curve and ~3% in the rest of the curve, but NE Asia is expected to increase more as it catches up with TTF on the fears of an LNG supply cut from Australia. Henry Hub also reacted to this news, with prompt increasing 20% week-over-week to the $3 mark and lifting prices through May ’24.
Table of contents
-
With a possible Australian LNG strike on the horizon, TTF spikes at the prospect of more competition with NE Asia
- Download the PDF and Excel datapack in the reports download section
Tables and charts
This report includes 1 images and tables including:
- Prices as of 9 Aug 2023
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global gas & LNG weekly summary: 09 May 2024
Freeport returns all 3 trains back online while Gorgon plunged into 5 week-long maintenance
$4,000
Commodity Market Report
Global gas & LNG weekly summary: 16 May 2024
Freeport extended its run of all 3 trains online while Gassco continues maintenance season
$4,000
Commodity Market Report
Global gas & LNG weekly summary: 11 April 2024
Northeast Asia spot price slows tendering activity while US sanctions continue to adversely influence Artic LNG prospects
$4,000