Commodity Market Report
Global gas & LNG weekly summary: 13 Apr 2023
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Report summary
NE Asia and TTF prices were relatively steady week-over-week, with contango deepening for both. TTF still holds the premium to NE Asia through the end of the year, and Henry Hub is flat week-over-week at $2.1 as of 12 Apr. The US posted its first injection of the season of 25 Bcf. US LNG exports remain strong, running nearly at full capacity while domestic demand is still decreasing as expected. Although Europe’s storage inventory is pretty much flat, Europe posted its first small net injection, with the current storage level sitting at 2,156 Bcf.
Table of contents
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Injection season begins as demand drops and global inventory sits at historical highs
- Download the PDF and Excel datapack in the reports download section
Tables and charts
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- Prices as of 12 Apr 2023
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