Global natural gas supplies remain tight heading into the week, with seasonal maintenance underway across all major markets in Asia, Europe and North America.
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The prompt Title Transfer Facility (TTF) contract in Europe slipped by 2% on Monday to close at $11.91/MMBtu after gaining 3% last week.
The decline is likely to be short-lived. Planned maintenance at U.S. LNG terminals and seasonal work offshore Norway is cutting into supplies.