Narrow LNG-TTF spread limits European terminal utilization

A narrowing spread between Northwest European LNG and Dutch TTF gas hub prices has led to lower utilization across terminals as traders monitor lower regas economics and an unfavorable spread across the European gas and LNG forward curves. Platts, part of S&P Global Energy, assessed the DES Northwest Europe marker for June at $15.719/million British thermal units April 29, up $1.55/MMBtu day overA narrowing spread between Northwest European LNG and Dutch TTF gas hub prices has led to lower utilization across terminals as traders monitor lower regas economics and an unfavorable spread across the European gas and LNG forward curves. Platts, part of S&P Global Energy, assessed the DES Northwest Europe marker for June at $15.719/million British thermal units April 29, up $1.55/MMBtu day overRead More