Global natural gas markets were tepid Tuesday despite growing risks of Australian LNG work stoppages. While the global natural gas community gathered in Singapore for the start of the Gastech 2023 conference, workers at Chevron Corp.’s Gorgon and Wheatstone liquefied natural gas terminals disclosed plans for walkouts. Representatives for the Offshore Alliance said workers could…
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U.S. Natural Gas Prices Hit Lowest Point Since 2021 – LNG Recap
U.S. natural gas prices continued to slide Monday after hitting their lowest point since 2021 last week, following other global benchmarks lower during a warm winter. Henry Hub fell below $3/MMBtu last week for the first time since May 2021. The March contract closed at $2.677 on Monday. Warm weather, a strong rebound in U.S.…
January 30, 2023
TTF Sell Off Continues as Natural Gas Inventories Climb, Imports Stay Strong – LNG Recap
European natural gas prices continued their decline Tuesday as storage inventories on the continent appeared on track to fill by the end of summer. The prompt Title Transfer Facility (TTF) contract has shed nearly $5 over the last week. While liquefied natural gas (LNG) arrivals have slowed somewhat, they remain well above deliveries at this…
June 7, 2022
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