Weekly Gas Market Wrap – week 50

What a week (50) for gas!

ENI reached an agreement to restart the Damietta plant in Egypt in Q1 2021: Welcome back!

Zeebrugge mulls expansion FID after successful open season for additional regas capacity: more gas for Belgium?

Tellurian drops plans to build the Permian pipeline. what does it mean for Driftwood LNG: the beginning of the end?

India’s IGX received the regulatory approval from PNGRB to operate the gas exchange for 25 years;

Russian gas reaches Beijing: the mid-section of the China-Russia East pipeline has been completed, with gas flows now supplying the Beijing-Tianjin-Hebei region.

Prices:

Henry Hub: $2.75/mmbtu

TTF: $5/mmbtu

JKM: $8.2/mmbtu

Charters: $112k/day

Source: Greg Molnar

See original post by Greg on LinkedIn.