Global gas & LNG weekly summary: 21 Oct 2022 Report

Commodity Market Report 21 October 2022

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Report summary

TTF premium over Northeast Asia shrinks as European storage approaches tops, on-the-water storage increases, and China tells domestic buyers to stop reselling LNG TTF and JKM settled at $32.2 /mmbtu and $30.3 /mmbtu respectively on Wednesday, with TTF’s premium over Northeast Asia shrinking this week. European storage levels’ variance compared to the 5-year average increased, and weather forecasts point to much warmer-than-average temperatures over the next few weeks across the continent.

TTF premium over Northeast Asia shrinks as European storage approaches tops, on-the-water storage increases, and China tells domestic buyers to stop reselling LNG
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