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Commodity Market Report

Global gas & LNG weekly summary: 2 Feb 2023

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02 February 2023

Global gas & LNG weekly summary: 2 Feb 2023

Report summary

TTF retook the premium from Northeast Asia down the entirety of the 2023 forward curve as the more profitable destination for a U.S. cargo. It was a warm week in Asia, whereas it was cold in Europe, though weekly European demand remained 189 mcm/d less than the previous 5-year average of 2.118 bcm/d. TTF’s front-month contract rose to $18.8, up from $18 a week ago, whereas Northeast Asia prices decreased from $18.5 to $18.3.

Table of contents

  • Prices struggle to find a floor, as demand remains below-average and market keeps trying to balance itself. Freeport LNG progresses towards imminent start-up.
  • 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 2 Feb 2023

What's included

This report contains:

  • Document

    Short Term Voyages (Data).xlsx

    XLSX 11.00 MB

  • Document

    Global Gas & LNG Executive Summary.pdf

    PDF 484.90 KB