Good News for LNG Exporters - Jan 19

[dan_s]

Gas Infrastructure Europe (GIE) provides daily updates on European natural gas inventories for 18 nations. European storage numbers are important for the US market as these nations are consumers of exported Liquified Natural Gas (LNG) and will influence export demand. European natural gas inventories are updated daily between 4 PM and 5 PM EDT for the prior day. Source: GIE

As of today, natural gas inventories in Europe are 529 Bcf below the 5-year average and ~50% of capacity.