Editor’s Note: This content is provided courtesy of Independent Commodity Intelligence Services (ICIS). Visit natgasintel.com/icis for more information.

LONDON (ICIS) — European TTF prices opened down on Thursday morning after a strong start to the week triggered by news that Russia would stop pipeline gas exports to Poland and Bulgaria.

The early rises in the TTF put the market at a growing premium to other European hubs, especially the British NBP. LNG spot discounts to the TTF were highly volatile and fell with limited remaining slots at several European import terminals.

European LNG imports hit a new monthly record in April.

Asian spot LNG prices fell to a wider discount to the TTF this week with brisk tender activity, especially from India and Thai buyers but demand...