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Dec 6, 2024 | 
spglobal.com | Roudy Dirani |Aly Blakeway
Spain has continued to import from France and withdraw from storage to meet higher power sector demand for gas in the first week of December as strong premiums on the UK's NBP draw available LNG cargoes to that market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Dec 5, 2024 | 
spglobal.com | Aly Blakeway |Roudy Dirani |Thomas Seth
Imports of LNG into the West and East Mediterranean regions reached a nine-month high in November, according to data from S&P Global Commodity Insights. Spain and Turkey led this increase, driven by seasonal factors and lower renewables. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Dec 4, 2024 | 
spglobal.com | Hassan Butt |Aly Blakeway |Megan Gildea
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Nov 14, 2024 | 
spglobal.com | Aly Blakeway |Sakshi Jalan |Suyash Pande |Clio Ho |Angeles Rodriguez
Northwest European LNG prices flipped to premium territory versus Northeast Asian benchmarks for the first time this year as European worries over supply shortages bolster sentiment. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Platts, part of S&P Global Commodity Insights, assessed the JKM -- the benchmark price reflecting LNG delivered to Northeast Asia -- for December at $13.821/MMBtu on Nov. 14, up 31.4 cents/MMBtu or 2.3% day on day.
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Nov 13, 2024 | 
spglobal.com | Roudy Dirani |Aly Blakeway
Premiums for calendar year 2025 gas and LNG contracts versus 2026 contracts and beyond have shot up in the week since the US presidential election, with Donald Trump's victory seemingly injecting more volatility into a market already weighing stronger near-term demand signals, supply security concerns and delays to new liquefaction capacity, against expectations of a "looser balance" in 2026 when those projects do start to come online. Not registered?
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Nov 5, 2024 | 
spglobal.com | Nikita Pravilshchikov |Roudy Dirani |Thomas Seth |Aly Blakeway |Sakshi Jalan
Energy markets across the globe saw strength from uncertainty around the US presidential election Nov. 5, with gas and LNG markets seeing support US voters headed to the polls. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Platts last assessed the Dutch TTF month-ahead contract at Eur40.325/MWh Nov. 4, a rise of 3.84% compared with Nov. 1.
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Nov 4, 2024 | 
spglobal.com | Megan Gildea |Aly Blakeway
Limitations of feedstock availability coupled with growing demand are expected to keep bio-LNG premiums in Rotterdam elevated versus their fossil fuel counterpart in Northwest Europe, sources said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Platts, part of S&P Global Commodity Insights, assessed the first Rotterdam bio-LNG assessment at $24.43/MMBtu.
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Oct 28, 2024 | 
spglobal.com | Aly Blakeway |Thomas Seth
East Mediterranean LNG prices have sunk lower against European gas and LNG weak demand in the prompt coupled with weaker shipping market helped to dampen premiums, sources said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Platts, part of S&P Global Commodity Insights, assessed the DES East Mediterranean marker for December at $13.728/MMBtu on Oct. 25, up 38.2 cents/MMBtu.
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Oct 24, 2024 | 
spglobal.com | Aly Blakeway |Joey Daly
Looming winter risks coupled with uncertainty over supply in the next few months have sparked spot buying for liquefied natural gas across the West and East Mediterranean hubs despite spot prices being 'out of the money' versus contract prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Gas storages across Europe remain healthy, with the European gas and LNG markets remaining structurally bearish.
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Oct 24, 2024 | 
spglobal.com | Aly Blakeway |Nikita Pravilshchikov |Thomas Seth
Russian gas supply to Asia has continued to grow with expectations that it would increase further as Europe diversifies its energy mix away from Russian pipeline supply, however, Russia-Europe LNG exports have climbed to record highs this year so far, S&P Global Commodity Insights data showed. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
