LNG Daily: European Gas Market

LNG Daily: European Gas Market

06/18/2019 | Author: Kaleem Asghar

Tags: , ,

European gas futures prices fell due to bearish coal prices, healthy LNG vessel arrival outlook and mild weather demand in NW Europe, while Norwegian gas remained low on maintenance at Emdem & Zeebrugge terminals. The week-on-week basis average LNG send-out rate was down from last week’s pace of 10.0 BCF/d to 9.9 BCF/d. The weekly gas injection rate of 17.4 BCF/d was lower than last week’s 17.7 BCF/d.

About The Author

Author Photo

Kaleem looks after LNG analytics product development and analysis. Kaleem has extensive experience in downstream oil & gas with focus on LNG, petrochemical & polymer trade and analytics. He was involved in LNG import infrastructure development in South Asia, with a focus on international trade, LNG origination and gas marketing. Kaleem holds a Master’s degree in Business Administration from the Institute of Business Administration, Karachi, Pakistan. He is a member of the Association of International Petroleum Negotiators.