Global gas & LNG weekly summary: 14 Sep 2023
TTF jumps on Australian strikes officially beginning while European balance tightens further TTF increased this week on Australian strikes officially commencing as of 8 Sep. The move in TTF per 13 Sep settles made up for the decline we saw last week, with Oct increasing by 20%. Nov increased by 9% and the rest of the curve saw some increases, as well. NE Asia remains relatively unchanged week-over-week, but it’s expected to increase soon as it catches up with the TTF move. Henry Hub increased this week to $2.7 despite offsetting bullish and bearish events.