Commodity Market Report
Global gas & LNG weekly summary: 16 May 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
June TTF prices dropped by $0.30 to $9.4/mmbtu. European gas balance loosened Week on Week (WoW) as mild weather kept demand low and storage levels rose to 65%. Gassco nominations increased to 324 mcmd from a three-month low, while Gulfaks, Karsto, and Visund operated at reduced capacity, with 39.6 mcmd unavailable. Maintenance at France's Montoir de Bretagne and Dunkerque LNG terminals will impact send out; Montoir's regasification capacity will be cut by 40% from Saturday until 15 June, resuming to 90% from 8-12 July, while Dunkerque’s maintenance from 10-15 May reduced send-out to 120 GWh/day.
Table of contents
- >> The full report is available as a PDF in the Download section
- Freeport extended its run of all 3 trains online while Gassco continues maintenance season
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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:
- Weekly European gas fundamentals
- Weekly floating LNG storage and trade routes
What's included
This report contains:
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