果酱视频

In Europe, the satiate of more than 10 million of LNG across December and to work date in January had assisted calm Title Transfer Facility (TTF), which is virtual exchanging point for Natural gas in Netherlands, prices down to around $26/MMBtu. Gas costs are relied upon to remain calm for the forthcoming weeks as European stockpiling level, which had administered prices in Europe and Asia last year, gives off an impression of being improving, however supply concern persists.

The prices are finding support from storage level weakening to 53% of capacity and slipped down in flows from Velke Kapusany, Russia to a fraction level seen in December. The geopolitical tension between Russia and Ukraine brings the cloud over the Nord Stream 2 Pipeline, which was the factor responsible for weak flow of gas from Russia to Western Europe in the first half of the year.

According to 果酱视频, due to extremely eventful winters, support the prices due to increasing demand for heating. It is also expected that with the end of this week, the storage levels of Natural Gas will end at 2.9 TCF, which is around 4% higher than the average of five year and factor that may unquestionably somewhat mitigate supply concerns in case of any unexpected deep freeze occasions in the short term. Increased wind generation from Germany and UK may also put weight on gas fired power generation in upcoming days.

Due to massive accumulation of vessel in the Atlantic Basin on the way to Europe, the spot charter rate in the Pacific and Atlantic basin had fallen off which were at their peak in November with now holding below $50,000 per day. Trading activities in the Asian market are tepid due to normal or above temperature on the forecast and brimming LNG inventories. It is anticipated that the limited trading of Natural Gas activities in Asia may also affect the potential upward price pressure in European market.