Tighter global LNG market sustains European price rally

Q2 saw a continuation of the European gas price rally that began in late February and lasted until early June, when prices stabilised. The monthly average TTF front-month price rose from 8.14 USD/MMBtu in February to 10.12 USD/MMBtu in May and 10.87 USD/MMBtu in June. This price rally and stabilisation occurred despite higher European production and pipeline imports, lower net […]

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