Last year proved to be an annus mirabilis for the natural gas and LNG sectors after gas prices in key markets crashed spectacularly after hitting record highs. Europe’s key front-month Dutch Title Transfer Facility (TTF) hit an all-time high of â¬340 per megawatt-hour in August 2022 as Europe went into a gas buying spree as it tried to fill its gas stores ahead of winter after weaning itself off Russian gas. In the United States, Henry Hub gas prices hit a 15-year high of $9.24…
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Gas Traders Looking for a 2024 Rally Will Be Disappointed
