Global gas pricing shifts further towards LNG flexibility and gas-on-gas competition

Chart showing global gas pricing mechanism changes from 2005 to 2025, with gas-on-gas competition rising and oil-linked pricing declining.

Global gas pricing is continuing to shift away from oil-linked contracts towards more flexible gas-on-gas competition as LNG trade, spot cargoes and destination-flexible US supply increasingly reshape the structure of international gas markets, according to the latest IGU Wholesale Gas Price Survey. Global gas pricing has changed significantly over the past two decades, with market-based pricing gaining ground and gas-on-gas […]

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