Henry Hub jumps over $3/mmbtu amidst tightening supply, approaching winter demand and recovering #LNG exports -its highest price level since Jan 2019;
Turkey’s Sakarya gas field upgraded: reserves are now estimated at 405 bcm, equating to almost 10 years of gas demand;
Total delivered its very first carbon neutral LNG cargo to CNOOC: environmental standards are gaining commercial value;
Tango FLNG is on the market again, as Exmar and YPF settles the $150 dispute;
PetroChina publishes bullish outlook: China’s gas demand expected to double in the next 15 years up to 620 bcm.
Prices:
HenryHub: $2.95/mmbtu
TTF: $5.3/mmbtu
JKM: $6.9/mmbtu
charters: $85-90k/day
Source: Greg Molnar
See original post on LinkedIn.
