LNG-TTF differentials strengthen over TVB-TTF amid robust Spanish supply, low demand

Spanish TVB prices, representing the value of LNG stored in tanks across Spain’s regasification plants, observed a wider discount to the Dutch TTF gas hub than delivered LNG into Northwest Europe and the Mediterranean, indicating oversupplied Spanish balances and uneconomic regasification margins. Platts, part of S&P Global Energy, assessed the Spanish TVB month-ahead at a 58.2 cents/millionSpanish TVB prices, representing the value of LNG stored in tanks across Spain’s regasification plants, observed a wider discount to the Dutch TTF gas hub than delivered LNG into Northwest Europe and the Mediterranean, indicating oversupplied Spanish balances and uneconomic regasification margins. Platts, part of S&P Global Energy, assessed the Spanish TVB month-ahead at a 58.2 cents/millionRead More