Commodity Market Report
Global gas & LNG weekly summary: 13 June 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
July TTF prices remained steady this week, closing at approximately $10.7/mmbtu. The cross-basin arbitrage between Northeast Asian DES and TTF narrowed. UK LNG inventories have hit a two-year high, reaching 89% capacity, including the combined South Hook and Dragon terminals at Milford Haven port and the Isle of Grain. Underground storage increased to 72%, potentially due to colder weather in Northwest Europe driving some demand. Additionally, Germany’s 5.8 million tonnes per year Stade import terminal is slated for commissioning in the latter half of the year.
Table of contents
- >> The full report is available as a PDF in the Download section
- Sabine Pass LNG down to 3 engines whilst domestic Egyptian gas demand increases as fertilizer operations return
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Extract examples of the PDF report
- >> The full report is available as a PDF in the Download section
Tables and charts
This report includes the following images and tables:
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Weekly European gas fundamentalsWeekly floating LNG storage and trade routes
What's included
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