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European natural gas prices fell below €73/MWh on Friday, paring recent gains, as softer Asian LNG demand and higher US supplies offered some relief to the European market. US LNG exports rose to 10.9 million tonnes in September, with Europe receiving 5.91 million tonnes, or 54% of total shipments, as buyers refilled i
Bloomberg News says the extension covers LNG shipments to Asia and Europe.
Qatar Has Extended Force Majeure On LNG Shipments To Asia And Europe By Another Month -Bloomberg News
UK natural gas prices rose toward 183 pence per therm, hovering near a highest level in more than three and a half years, as LNG supply from the Persian Gulf remained severely disrupted amid heightened US-Iran tensions.
European natural gas climbed to €73.7/MWh, hovering at the highest level in more than three and a half years. LNG supply from the Persian Gulf remained severely disrupted amid US-Iran tensions.