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2019-08-12 13:10:00

LNG FOR EUROPE DOWN 28%

LNG FOR EUROPE DOWN 28%

PLATTS - European LNG imports in July fell 27.6% month on month to 6.8 Bcm due to weaker European pricing and a turndown in Qatari production, but a rebound in flows is expected in September, an analysis by S&P Global Platts Analytics show.

This turndown was a result of a wider JKM-TTF, on the back of weakness in European gas hubs, with stock levels unusually high at 75% full, up 25 percentage points year on year, according to Platts Analytics data.

Although lower on…

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Tags: LNG, GAS, EUROPE
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