- European Gas prices are seeing a broader correction than US Gas prices, down over 3%. as tail risks deflating quickly in the Middle East and European Gas storages still reasonably well-stocked.
- Interfax reports that Swedish Foreign Minister Tobias Billström said that the European Union plans to consider a ban on Russian Liquefied Natural Gas (LNG) imports as part of the 14th sanctions package.
- BloombergNEF calculated that Europe should have its Gas storage back to 100% full by October. The report was released on Bloomberg onMonday.
- Good news comes from the US Freeport LNG plant, where operations are restarting after being offline for nearly two weeks.
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