global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
Global LNG Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global LNG Hub
No Result
View All Result
Home LNG Contracts & Pricing

Weekly trend of natural gas and LNG prices – May 15

Editor by Editor
2 years ago
Reading Time: 1 min read
LNG-prices
Share on FacebookShare on TwitterShare on Linkedin

The Northeast Asian assessed spot LNG price JKM for the previous week (8 May – 12 May) rose for three consecutive days from the high USD 9s of the previous week to low USD 10s as the demand from Thailand and Taiwan.

RELATED POSTS

LNG-prices

Review of natural gas and LNG prices

23 hours ago
LNG-sabine-pass

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

1 week ago
LNG-prices

Review of natural gas and LNG prices

1 week ago

JKM then hovered around USD 10/MBtu until 12 May amid mild weather and high inventories. According to METI, Japan’s LNG inventories for power generation totaled 2.25 million tonnes as of 7 May, down 0.19 million tonnes from the previous week, up 0.14 million tonnes from the end of the same month of last year and up 0.24 million tonnes from the average of the past five years.

The European gas price TTF rose slightly to USD 11.9/MBtu on 8 May from USD 11.8/MBtu the previous week following the shutdown at Norway’s Hammerfest LNG by compressor trouble.

TTF then fell for four consecutive business days reflecting bearish factors such as Asian demand, high underground gas storage, and stable supplies. ACER published the 12 May spot LNG assessment price for delivery in the EU at EUR 30.2/MWh (equivalent to USD 9.7/MBtu).

According to AGSI+, the European underground gas storage rate as of 12 May was 63.0%, up from 61.0% the previous week.

The U.S. gas price HH rose for the second consecutive day to USD 2.3/MBtu on 9 May from USD 2.1/MBtu the previous week reflecting lower supplies due to wildfires in Alberta, Canada.

HH then hovered around USD 2.2/MBtu amid weak feedgas demand at U.S. LNG plants, reaching USD 2.3/MBtu on 12 May.

According to the EIA Weekly Natural Gas Storage Report released on 11 May, the U.S. natural gas underground storage on 5 May was 2,141 Bcf, up 78 Bcf from the previous week, up 31.2% from the same period last year, and up 18.4% from the historical five-year average.

Updated 15 May 2023

Source: JOGMEC


RELATED POSTS

LNG-prices

Review of natural gas and LNG prices

23 hours ago
LNG-sabine-pass

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

1 week ago
LNG-prices

Review of natural gas and LNG prices

1 week ago
Tags: ACERAsian LNG demandFreeport LNGHenry Hub pricesJKM price indexJOGMECLNG cargoesspot LNG pricesTTF gas price
Editor

Editor

Related Posts

LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

23 hours ago
LNG-sabine-pass
LNG Contracts & Pricing

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

1 week ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

1 week ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

2 weeks ago
global-gas-market
LNG Contracts & Pricing

Europe’s exposure to a wild and volatile global gas market

3 weeks ago
LNG-prices
LNG Contracts & Pricing

Review of natural gas and LNG prices

4 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

LNG-sabine-pass

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

June 4, 2025
LNG-prices

Review of natural gas and LNG prices

June 11, 2025
LNG-prices

Review of natural gas and LNG prices

May 28, 2025

Recent Post

LNG-prices

Review of natural gas and LNG prices

June 11, 2025
LNG-sabine-pass

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

June 4, 2025
LNG-prices

Review of natural gas and LNG prices

June 4, 2025
feedgas-LNG

LNG feed gas dips; JERA deal propels Rio Grande train 5 toward FID

May 31, 2025
LNG-prices

Review of natural gas and LNG prices

May 28, 2025
global-gas-market

Europe’s exposure to a wild and volatile global gas market

May 20, 2025
LNG-HUB-Logo

Online platform for sharing analysis and information on Global and regional LNG markets. Weekly newsletter each Wednesday more info

Categories

  • Asian LNG
  • Australian LNG
  • European LNG
  • Global LNG
  • LNG Africa
  • LNG Bunkering
  • LNG Latin America
  • LNG North America
  • LNG Projects
  • LNG Trade and Pricing
  • Middle East LNG
  • Small Scale LNG
  • FLNG

Recent Posts

Review of natural gas and LNG prices

Feedgas flows to Sabine Pass, the largest LNG export plant in the US, down by 33%

Review of natural gas and LNG prices

Energise your Wednesday!

Sign up to receive our weekly newsletter with new LNG market reports, presentations & analysis. Every Wednesday!

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.