TTF

This winter is shaping up to be one of the tightest in years for the global natural gas market as strong demand has continued throughout the year and left inventories woefully short.  Liquefied natural gas (LNG) supply disruptions in Angola, Brunei, Nigeria and Trinidad and Tobago, to name a few, have also led to incremental…

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…

European natural gas prices again set records Monday as Russian pipeline imports were poised to fall further next month, exacerbating fears that the continent would be short of supplies this winter as storage inventories remain low.  Gazprom PJSC booked a fraction of the 15 million cubic meters (MMcm) of firm transportation capacity available through Ukraine…

With robust demand from both Europe and Asia for U.S. supplies of liquefied natural gas (LNG) and strong levels of pipeline deliveries to Mexico, the Energy Information Administration (EIA) forecasted that U.S. gas exports would exceed imports by an average of 11.0 Bcf/d in 2021. That would mark a nearly 50% jump from the 2020…

Vortexa Ltd.’s Felix Booth, head of liquefied natural gas (LNG), doesn’t expect the global market to loosen anytime soon as supplies remain scarce and demand rebounds from lows of the Covid-19 pandemic.  Based in Singapore, Booth recently joined energy analytics firm Vortexa, which is aiming to cast a wider net in the evolving LNG business.…

Natural gas prices across the world tumbled on Monday, correcting after a stretch of gains that saw some benchmarks again set records last week. In Europe, prices closed lower across the curve. The Title Transfer Facility hit a record last week, when the prompt contract finished at nearly $15/MMBtu. Pipeline imports were largely stable on…

Natural gas prices across the world remained strong Tuesday as demand centers competed for supplies. Prices in Europe weakened Tuesday, but fundamentals continue to support higher prices. Dutch futures climbed throughout last week and hit a record on Monday to settle near $15/MMBtu. The UK benchmark National Balancing Point contract also touched a 16-year high…

Global natural gas prices climbed higher Monday amid supply disruptions and sweltering heat.  Gains for the Henry Hub contract led the way, as the U.S. benchmark traded near a three-year high Monday with the hottest weather of the summer in the United States on the way Tuesday.  Henry Hub picked up where it left off…

A roundup of news and commentary from NGI’s LNG Insight Goldman Sachs Commodities Research has lifted its TTF price forecast on tighter European supply/demand balances. TTF has climbed 20% in the past month. Goldman said it does not believe lower Russian pipeline imports are the reason why European gas markets have become so tight. Residential/commercial…