European natural-gas prices remained well supported, and ING said “the market and [EU] member countries are becoming increasingly concerned about the task of refilling storage through the injection season and the fact that the forward curve provides no incentive to store gas for next winter.

Tankers carrying liquefied natural gas are changing course in the Atlantic and heading to Europe, as cargo owners look to profit from a market hit by the loss of Russian pipeline gas flows through Ukraine.

Energy company Venture Global prices 70 million shares at $25 — the middle of its reduced $23-$27 price range.

The question hovering over expanding U.S. LNG exports to Europe has been price sensitivity and the willingness of individual European countries to wean themselves off the cheaper Russian LNG.