Commodity Market Report

Global gas & LNG weekly summary: 7 Mar 2024

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Northeast Asian DES prices increased by 40 cents to $8.9/mmbtu, reflecting movements in European gas prices and additional spot transactions. In Northeast Asia, Japan’s Tohoku Electric awarded an April cargo while Beijing Gas reportedly awarded at least six cargoes for delivery between May and September. South- and Southeast Asian buyers, including PTT (Thailand) and RGPCL (Bangladesh), were also in the market. In the Atlantic basin, Argentina tendered 10 partial cargoes for Southern Hemisphere winter delivery.

Table of contents

  • >> The full report is available as a PDF in the Download section
  • Additional procurement emerges in Asia, providing some support to prices
    • >> 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:

  • Document

    Global Gas & LNG Executive Summary 20240307.pdf

    PDF 607.66 KB