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TTF tops €100/MWh as Asian LNG follows above $32/MMBtu

Sourceskpler.com

[Kpler] TTF crossed €100/MWh for the first time since December 2022, rising 14.2% week on week, according to Kpler, as Middle East risk and an early European cold snap lifted the benchmark and pulled Asian spot LNG above $32/MMBtu for the first time in nearly four years. Kpler said a potential post-midterm US strike on Iran and colder weather in Europe drove the move, with Asian LNG prices rising to remain competitive.

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