Commodity Market Report

Global gas & LNG weekly summary: 09 May 2024

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June TTF prices lifted to $9.7/mmbtu. Europe continues to build on its underground storage, with levels now sitting at around 63.8%. The European balance loosened week on week, driven by a reduction in demand of over 200mcmd. Maintenance season continues across Gassco facilities, planned maintenance at Aasta Hansteen field Visund and Gullfaks weigh on available capacity.

Table of contents

  • >> The full report is available as a PDF in the Download section
  • Freeport returns all 3 trains back online while Gorgon plunged into 5 week-long maintenance
    • >> The full report is available as a PDF in the Download section

Tables and charts

This report includes 2 images and tables including:

  • Weekly European gas fundamentals
  • Weekly floating LNG storage and trade routes

What's included

This report contains:

  • Document

    Global Gas & LNG Executive Summary 09052024.pdf

    PDF 632.96 KB