Commodity Market Report
Global gas & LNG weekly summary: 25 April 2024
Report summary
May TTF prices declined, reaching approximately $9.2/mmbtu. The pricing incentivised flows across basins. European storage levels increased to 62%, holding well above seasonal highs. The market balance tightened compared to the previous week, driven by over 200mcmd—an increase in demand, to align with 2023 levels. There is potential upside for supply as planned maintenance at Norway's Dvalin gas field has now been shortened in duration to 5 to 7 May from the previously scheduled 4 to 8 May.
Table of contents
- >> The full report is available as a PDF in the Download section
- EGAS makes progress in securing cargoe for summer while second-tier buyers pick up activity in the Northeast Asian market
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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 2 images and tables including:
- Weekly European gas fundamentals
- Weekly floating LNG storage and trade routes
What's included
This report contains:
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