Commodity Market Report
Global gas & LNG weekly summary: 6 June 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
July TTF prices rose to $11/mmbtu by week's end, spiking midweek due to supply uncertainty from a crack in a pipeline on Equinor's Sleipner riser platform. This platform connects the Nyhamna plant to the Easington terminal. The weekly balance tightened slightly and underground storage injections slowed, with storage at 70.6%, below 2023 levels. Planned Summer maintenance at Elengy's LNG terminals and unplanned maintenance at Spain's Sagunto LNG terminal caused additional disruptions, though the latter is expected to have a minor impact.
Table of contents
- >> The full report is available as a PDF in the Download section
- Pipeline Crack on Equinor's Sleipner Riser Platform Sparks Surge in TTF Prices Amid Supply disruption concerns
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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:
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Weekly European gas fundamentalsWeekly floating LNG storage and trade routes
What's included
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