Natgas firms up on rising LNG feedgas

Tellurian

17/05/2024 16:38

** Shares of natural gas companies rise, as natgas futures
 NGc1  rise 3.8%
    ** U.S. natural gas futures climb to a 16-week high on
Friday with an increase in the amount of feedgas to liquefied
natural gas (LNG) export plants with the expected return of
Freeport LNG's export plant in Texas to full service after a
brief reduction  NGA/ 
    ** EQT  EQT.N  up 0.9% 
    ** LNG firms New Fortress Energy Inc  NFE.O  and Tellurian
 TELL.A  rise 1.2% and 7.1%, respectively
    ** ETFs United States Natural Gas Fund  UNG.P  and ProShares
Ultra Bloomberg Natural Gas  BOIL.P  up 3.2% and 5.2%,
respectively

 (Reporting by Roshia Sabu in Bengaluru)
 ((Roshia.Sabu@thomsonreuters.com))