A roundup of news and commentary from NGI’s LNG Insight

  • European natural gas prices fell Thursday amid signs that Russia could begin shipping natural gas to the continent via the Nord Stream 2 (NS2) pipeline this year. Gazprom PJSC said the line is 99% finished and would be capable of shipping 5.6 billion cubic meters this year. NS2 could help provide the continent with more natural gas as inventories are scarce heading into winter. 
  • Asian spot prices followed declines in Europe and were assessed at under $17/MMBtu for September delivery.
  • European prices tumbled 10% Wednesday after German gas grid operator Gascade falsely reported that gas had started flowing on NS2. The error was corrected, but EBW Analytics Group also said it briefly pushed Henry Hub futures lower before they...