- European natural gas was headed for a fourth weekly gain, with benchmark prices up more than 7% for the week as fighting in the Middle East intensified concerns about supply disruptions and winter inventories.
- ADNOC continued loading LNG at the Das Island export terminal despite renewed US-Iran strikes; satellite data showed one tanker docked and another nearby on September 2, with both vessels operating in dark mode.
- The UK was poised to approve the Jackdaw gas field as energy costs rose, signaling a stronger policy focus on domestic gas supply.
Quotes
“European natural gas headed for a fourth weekly gain as fresh fighting in the Middle East boosted concerns about prolonged supply disruptions and winter fuel inventories.”
“Emirati ADNOC is still loading liquefied natural gas in the Persian Gulf despite the latest exchange of strikes between the United States and Iran, Bloomberg has reported, citing satellite imaging data.”