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European #LNG spot prices struggle to compete with oil, #gas linked contracts ▪️ Platts NWE LNG near 10-month high vs #oil-linked prices ▪️ Cheaper contracts helping to feed European LNG #imports 🖥️ Full story: https://okt.to/c5qX1s

The #naturalgas market has continued to suffer from a supply-demand balance that's still not tight enough. Here's what we're paying attention to: ☑ LNG Outages: Total #LNG feedgas levels are currently at a multi-month low amid maintenance at multiple facilities and a post-hurricane restart process at #Freeport LNG. ☑ Price Trend: Gas prices have continued to come off over the last several weeks, with #HenryHub trading at an all-time low for the August '24 contract. ☑ We deliver daily energy market highlights directly to your inbox for free, so that surprises in the market don't surprise you. ➡ Get Instant Access: https://hubs.li/Q02GZgsq0 #eft #ongt #natgas #naturalgasproduction #naturalgasindustry #oilandgas #riskmanagement #hedging #volatility

As #naturalgas prices trade higher amid declining production, here's what we're paying attention to: LNG Outages ☑ Freeport LNG is undergoing a significant maintenance outage, reducing demand for #LNG feedgas ☑ Planned or unplanned LNG outages pose a bearish risk to #natgas prices, as a large amount of demand can be quickly erased Dry Gas Curtailment/Decline ☑ Natural gas production continues to move lower amid maintenance and a weak pricing environment, with output now below 100 Bcf/d ☑ Production may have to remain lower for longer to prevent storage levels from reaching near total capacity by the end of the injection season We deliver daily energy market highlights directly to your inbox for free, so that surprises in the market don't surprise you. ➡ Get Instant Access: https://hubs.li/Q02sqGXQ0

Gas supply for Q1 2025 tightens, as risk of shortfall in short-term remains The gas supply surplus in the Australian east coast gas market is forecast to be between 12 and 27 petajoules (PJ) in the first quarter of 2025, according to the ACCC’s latest gas inquiry report. The exact size of the surplus will largely depend on how much uncontracted gas is exported by Queensland LNG producers. The forecast for the supply surplus has fallen from the predicted surplus of 26-35 PJ, in the ACCC’s June 2024 gas report. This is largely due to an increase in contracted exports for this quarter and reflects the LNG producers’ ‘re-shaping’ of export cargoes between the domestic peak and off-peak gas demand periods..... https://bit.ly/3N521ZM #Australia #Gas Via accc.gov.au

Freeport LNG feedgas is increasing. Thursday looks like it is going to end above 1.5 Bcf and the latest nominations for Friday are above 1.5 Bcf. Latest for Fri: 1,541,350 MMBtu Timely for Fri: 1,497,991 Latest for Thurs: 1,582,307 Timely for Thurs: 1,067,355 After Freeport gets back to normal, I'll be limiting the latest data to premium subscribers. Be sure to sign up for the discounted price if this is data that would be helpful for you long term. (I'm planning to add more LNG data in the future). #natgas #lng

European #LNG spot prices struggle to compete with oil, #gas linked contracts ▪️ Platts NWE LNG near 10-month high vs #oil-linked prices ▪️ Cheaper contracts helping to feed European LNG #imports 🖥️ Full story: https://okt.to/D0emlo

Weekly LNG Status Report Explore our latest Weekly LNG Status Report for a comprehensive overview of the current trends in the liquefied natural gas (LNG) market. This report covers the latest updates on prices, supply and demand dynamics, and U.S. LNG exports. Key Highlights: Price Trends: The Henry Hub spot price rose slightly, while LNG futures prices in East Asia and Europe saw notable increases. Supply and Demand: U.S. natural gas consumption increased by 5.6%, driven by a surge in power generation due to above-normal temperatures. However, dry natural gas production saw a slight decline. LNG Exports: A total of 25 LNG vessels departed from U.S. ports, with the Sabine Pass terminal leading with 9 departures. #LNG #NaturalGas #EnergyMarket #LNGExports #HenryHub #EnergyTrends #GlobalEnergy

UPI Chart of the Week 36-2024 The UP World LNG Shipping Index (UPI) has consistently risen within the Bollinger Bands (BB), a key indicator in our analysis. Although its upward momentum is slowing, and trading volume has decreased for the second time, the BB should be seen as a potential area for movement if no new information emerges. The UPI has been increasing for three consecutive weeks and likely requires a period of consolidation, but the BB shows an upward mid-term trend. Would you like to get the UPI Chart of the Week to your mailbox? Just register for free at https://lnkd.in/emJXMjmQ. #LNG #naturalgas #shipsandshipping #shippingstocks #LNGshipping #oilandgas #shipping #energy #gas #maritime  

European #LNG spot prices struggle to compete with oil, #gas linked contracts ▪️ Platts NWE LNG near 10-month high vs #oil-linked prices ▪️ Cheaper contracts helping to feed European LNG #imports 🖥️ Full story: https://okt.to/slcune

NATGAS FLOWS FALL U.S. Natgas Flows Fall to 11-Month Low at Cheniere Sabine LNG Export Plant - Read More: https://hubs.la/Q02CQtVh0 The amount of natural gas flowing to U.S. liquefied natural gas firm Cheniere Energy’s Sabine Pass export plant in Louisiana was on track to drop to an 11-month low on Friday, according to data from financial firm LSEG. Reductions at Sabine and other U.S. LNG export plants have often had a major impact on global gas prices. #oilgas #lng #naturalgas