Europe's liquefied natural gas (LNG) imports for December reached 7.04 million metric tons by December 18, representing 64% of the November level, with France, the UK, and Turkey leading in volumes. The US supplied 51% of the total, while Russia and Algeria contributed 13% and 7%, respectively. Milder temperatures across Europe, reducing heating sector demand, have led to a quiet trading atmosphere towards the end of the year. The DES Northwest Europe Marker for January decreased to $9.763/MMBtu on December 15, reflecting a bearish outlook influenced by full gas storages and weak economic conditions. European gas storage levels were at 88.84% full as of December 16, with sources suggesting comfortable stocking for the winter season. Recessionary pressures and a weak economic outlook contribute to the bearish sentiment, with limited interest expected until April and a relatively flat structure for the rest of winter.
                    
                                    
                                    
                                    
                                    
                                    
