Natural Gas and LNG Weekly: TTF to edge higher to secure Atlantic LNG supply amid maintenance and disruptions in the Pacific Basin.

Market & Trading Calls

European TTF price outlook: Slightly bullish as the bearish impact of average renewable generation and warmer temperatures on EU gas demand will be more than offset by Europe’s need to continue attracting most uncommitted LNG supply from the Atlantic Basin.

Asian LNG price outlook: Slightly bearish next week, as weak restocking and tariff-driven macro concerns drive a 0.4 mt Asian demand downgrade, with buyers remaining cautious—while potential supply issues help limit further downside.

Asian LNG – TTF spread:  Narrow as the TTF is expected to increase, and Asian LNG prices are projected to weaken slightly in the coming days. As of 16 April, Asian LNG premium over TTF narrowed by $1.68/MMBtu week-on-week, trading at a $1.79/MMBtu premium.

US Henry Hub price outlook: Bearish as aggressive and unpredictable tariff policy coupled with upcoming warmer weather weigh heavily on front-month prices.