LNG supplies

High LNG Prices Making Pipeline Gas Supplies Competitive

LNG supplies to Greece in the first quarter of 2021 more than halved year on year, as pipeline deliveries via the Southern Gas Corridor began and sky-high spot LNG prices saw cargoes diverted to Asia, reports Platts.

LNG Imports

Greece’s LNG imports totaled 0.36 Bcm of gas equivalent in Q1, according to data from S&P Global Platts Analytics, down from 0.97 Bcm in the same period of 2020.

It received cargoes into its Revithoussa import terminal in Q1 only from Algeria, with which state importer...

https://mfame.guru/high-lng-prices-making-pipeline-gas-supplies-competitive/

Focus on Demand for Q2 Fuel Prices

Risavika LNG gained 1.6 % week on week for May contracts, reaching 29.17 EUR/MWh. The European gas prices were supported by a colder weather forecast for most of April and start of gas injection season, reports gasum.

Support for the Gas Prices

Strong heating demand in the market with lower pipeline gas and LNG supplies resulted in high reliance on underground inventories, leaving them at historically low levels for the start of inventories injection season. This spring and summer gas demand will...

https://mfame.guru/focus-on-demand-for-q2-fuel-prices/

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