Commodity Market Report

Global gas & LNG weekly summary: 21 March 2024

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April TTF prices reached $9.2/mmbtu, their highest level since early February, before softening back to $8.5/mmbtu. European gas demand was much weaker (-16%) than the previous week, loosening the overall balance. Output at Aasta Hansteen in Norway will be reduced until at least 25 March due to compressor failure. European gas inventories sit at 59%, comfortably above last year’s level of 56%.

Table of contents

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  • Maintenance at Freeport LNG extended further
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Tables and charts

This report includes 2 images and tables including:

  • Weekly European gas fundamentals
  • Weekly floating LNG storage and trade routes

What's included

This report contains:

  • Document

    Global Gas & LNG Executive Summary 20240321.pdf

    PDF 602.98 KB