Europe gas still weak

Written by  John McKay
Monday, 06 July 2020
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July 6 (LNGJ) - European LNG price indicators were still edging higher but were not moving much up above the $2.00 per million British thermal units level and remained weak overall. The UK’s National Balancing Point natural gas price was at the equivalent of $1.90 per MMBtu while the main Continental European benchmark price, the Dutch Title Transfer Facility, was higher at the equivalent of $2.00 per MMBtu. In continuing deliveries, the 210,100 cubic metres capacity vessel “Onaiza” is scheduled to arrive with a cargo on July 13 at the UK South Hook terminal in Milford Haven from Ras Laffan in Qatar.

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