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15 Jun 2022 | 17:50 UTC
Please note that Platts, a part of S&P Global Commodity Insights, has published the June 14 LNG European Assessment Rationale & Exclusions.
The rationale & Exclusions were unintentionally excluded from the June 14 edition of LNG Daily.
The content reads as follows:
The DES Northwest Europe marker for July was assessed at $25.853/MMBtu June 14, up $3.525 on the day.
The first half of July was assessed at $25.853/MMBtu and H2 July was assessed at $25.853/MMBtu, reflecting a flat intramonth structure, compared with 10 cents/MMBtu intramonth backwardation June 13.
July DES NWE tradable value was heard between TTF minus $4.00/MMBtu and TTF minus $3.00/MMBtu. A beginning-of-July DES NWE trade was heard at TTF minus low $3.00s/MMBtu.
TTF July futures opened at Eur83.750/MWh, trading in a Eur83.750/MWh-Eur100.995/MWh range during European hours, before finishing at Eur96.125/MWh at 4:30 pm London time.
The Mediterranean marker was assessed at a 15-cent premium to Northwest Europe, based on market intelligence.
The Mediterranean marker for July was assessed at $26.003/MMBtu June 14. H1 July was assessed at $26.003/MMBtu and H2 July was assessed at $26.003/MMBtu. This rationale applies to the symbols AASXU00 and AASXY00.
Exclusions: None.