TTF Climbs Higher on Threats to Global Natural Gas Supplies — LNG Recap
European natural gas prices moved higher on Monday as tensions rose in the Middle East and Ukraine.
European natural gas prices moved higher on Monday as tensions rose in the Middle East and Ukraine.
Egypt’s growing appetite for LNG to balance its domestic natural gas market is making a wild card for international buyers, putting upward pressure on Europe as it navigates winter supply.
Intercontinental Exchange Inc. (ICE) on Wednesday again reported record liquidity across its global natural gas futures markets as trade has grown more interconnected with the expansion of LNG.
The Southern Environmental Law Center and the Natural Resources Defense Council have filed a court challenge against FERC’s authorization of the proposed CP2 LNG export project in Cameron Parish, LA.
European and Asian natural gas prices fell again on Tuesday amid weak demand, but the losses could be shortlived as concerns over potential supply disruptions persist.
European natural gas prices remained strong this week after Norway announced additional capacity cuts due to unplanned maintenance works, adding more uncertainty to Europe’s supply and demand balance.
European natural gas prices swung higher on Monday, carrying Friday’s momentum and starting what is likely to be another volatile week of trading as August comes to an end and the market factors in a number of risks despite a comfortable supply outlook for the continent.
European natural gas prices declined on Monday, ending a charge higher last week that left the Title Transfer Facility (TTF) to close at its highest level since December.
Cheniere Energy Inc. said it earned less for its LNG during the second quarter as lower global natural gas prices and smaller gains on its derivatives cut into margins.
Extreme temperatures and plant outages in the Pacific basin have pushed Asian spot LNG prices upward, creating more competition in the market and boosting spot shipping rates.