Global LNG Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
Global LNG Hub
Home LNG Contracts & Pricing

Asian gas prices tracking European gas hubs

Editor by Editor
11 months ago
min read2 min
Asian gas prices tracking European gas hubs
Share on FacebookShare on TwitterShare on Linkedin

Normally, it is Asian players that dominate the LNG market and determine price direction globally. But since late 2021 a different pattern has been observed, with Asian spot cargo prices tracking the movements at the European gas hubs.

RELATED POSTS

Weekly trend of natural gas and LNG prices – February 06

Weekly trend of natural gas and LNG prices – February 06

21 hours ago
LNG-prices

Weekly trend of natural gas and LNG prices – January 30

6 days ago
Natural gas prices down by over 40% across key gas markets

Natural gas prices down by over 40% across key gas markets

6 days ago

Of all major LNG producers, the US provides the largest number of flexible cargoes to the global market, and Europe made up the highest proportion of its weekly exports for the past four months. For the first time since the period between November 2019 and March 2020, Europe’s share in the US LNG exports exceeded that of Asia for so long.

With gas storage inventories standing at low levels and pipeline supply being tight, European buyers have actually had no choice but to rely on spot LNG. And geopolitics lifted TTF contracts to fresh record highs, thus leaving little chance for other regions to compete successfully for available volumes. Last week, more than 20 US-loaded LNG vessels were signalling arrivals at European regas facilities while only one cargo was sent towards Asia, according to Kpler data.

As there have been a strong demand for additional LNG imports from Europe in recent months, Asian importers remained relatively inactive in seeking spot cargoes.

Amid above-average LNG stocks accumulated in Northeast Asia in the run up to this winter season, which has so far been much warmer than expected, average monthly exports of LNG from the US to China, Japan, South Korea and Taiwan combined were about 40pc lower YoY between November 2021 and mid-March 2022.

Risk premium added to the European market has declined noticeably since early March, making spot LNG deliveries to Asia more profitable. The high-price environment may continue to somehow constrain the region’s demand for spot cargoes, especially among buyers in South Asia, but importers in Northeast Asia will find it much harder to stay away as terminal tanks need to be replenished ahead of the summer peak demand.

The question is whether Asian buyers’ appetite for spot LNG will be strong enough to draw a significant number of cargoes away from Europe in the shoulder period.

Source: Yakov Grabar (LinkedIn)

Tags: European gas demandEuropean gas pricesEuropean gas storageEuropean LNG importsJKM pricesTTF pricesYakov Grabar
Editor

Editor

Related Posts

Weekly trend of natural gas and LNG prices – February 06
LNG Contracts & Pricing

Weekly trend of natural gas and LNG prices – February 06

21 hours ago
LNG-prices
LNG Contracts & Pricing

Weekly trend of natural gas and LNG prices – January 30

6 days ago
Natural gas prices down by over 40% across key gas markets
LNG Contracts & Pricing

Natural gas prices down by over 40% across key gas markets

6 days ago
Spot LNG trade fell in 2022
LNG Contracts & Pricing

Spot LNG trade fell in 2022

2 weeks ago
Global gas price correlation remains strong
LNG Contracts & Pricing

Global gas price correlation remains strong

2 weeks ago
Henry hub prices slide below $3
LNG Contracts & Pricing

Henry hub prices slide below $3

2 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-prices

Weekly trend of natural gas and LNG prices – January 11

4 weeks ago
LNG-prices

Weekly trend of natural gas and LNG prices – January 16

3 weeks ago
gas-prices

International natural gas prices – Cedigaz

4 weeks ago
Load More

Recent Post

Weekly trend of natural gas and LNG prices – February 06

Weekly trend of natural gas and LNG prices – February 06

21 hours ago
Feedgas flows to Freeport LNG surge ahead

Feedgas flows to Freeport LNG surge ahead

3 days ago
LNG-prices

Weekly trend of natural gas and LNG prices – January 30

6 days ago
Natural gas prices down by over 40% across key gas markets

Natural gas prices down by over 40% across key gas markets

6 days ago
Spot LNG trade fell in 2022

Spot LNG trade fell in 2022

2 weeks ago
Global gas price correlation remains strong

Global gas price correlation remains strong

2 weeks ago
Load More

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

Weekly trend of natural gas and LNG prices – February 06

Feedgas flows to Freeport LNG surge ahead

Weekly trend of natural gas and LNG prices – January 30

Energise your Wednesday!

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

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

© 2020 GlobalLngHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Asian LNG
    • Australian LNG
    • European LNG
    • FLNG
    • Global LNG
    • LNG Africa
    • LNG Bunkering
    • LNG Latin America
    • LNG North America
    • LNG Projects
    • LNG Trade and Pricing
    • Middle East LNG
    • Small Scale LNG
    • Others
  • Blog
  • Events
  • Industry Links
    • LNG Industry Association
    • LNG Market Advisors
    • Government Body
    • LNG Market Information
    • LNG Legal Advisors
    • LNG Research Institute
    • LNG Training & Education
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login

© 2020 GlobalLngHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise Your Wednesday!

SIGN UP to receive our weekly newsletter with new LNG market reports, presentations & analysis. EVERY WEDNESDAY!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?