Global gas prices showed mixed movements last week, with Asian LNG strengthening on renewed buying interest, while European and US benchmarks softened amid milder weather, stronger supply and improved market conditions. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (April delivery) rose to the low-USD 11s/MMBtu on 20 February from the […]
Japan LNG resales reached record levels in FY2024 as declining domestic consumption pushed Japanese energy firms to sell a growing share of contracted cargoes into overseas markets, according to recent analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). Japan’s role in the global LNG market is undergoing a structural shift, with utilities […]
The LNG market outlook is shifting toward a buyer’s market, according to Timera Energy’s takeaways from the LNG 2026 conference in Doha. Industry discussions at LNG 2026 in Doha highlighted a changing balance in global gas markets, with participants pointing to a transition toward a buyer’s market after several years dominated by supply scarcity. Momentum […]
Egypt LNG supply is increasingly determined by the balance between domestic power demand and Israeli pipeline imports, according to new analysis by Cedigaz, as gas availability for liquefaction fluctuates with Egypt’s internal energy needs. Israel’s transformation from energy importer to regional gas exporter is reshaping LNG dynamics in the Eastern Mediterranean. With production from major […]
Global gas prices showed diverging trends last week, with Asian LNG holding steady on post-winter buying, European prices falling on milder weather and stronger wind output, and US Henry Hub easing after smaller-than-expected storage withdrawals. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (March delivery) remained almost unchanged in the high-USD […]
Global gas prices declined last week, with Asian LNG slipping back from the low-USD 12s, European TTF falling on easing weather before rebounding on storage drawdowns, and US Henry Hub tumbling sharply as the cold spell faded. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (March delivery) fell to the high-USD […]
New analysis from McKinsey based on its 2025 LNG Buyers’ Survey finds that LNG contracts are evolving as buyers adapt to shifting geopolitics, new supply, and the prospect of softer prices. The market has moved from the tight conditions of 2021–22 into a more balanced phase, led by additional US and Qatari supply, prompting buyers […]
Global gas prices showed mixed movements last week, with Asian LNG strengthening to its highest level since early August, European prices whipsawing around weather and storage signals, and US Henry Hub surging mid-week before falling sharply on contract rollover. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (March delivery) rose to […]
Despite all the recent volatility, global gas price correlation continued to strengthen in Jan 26, highlighting the increasingly intertwined nature of regional gas markets. 2026 opened with explosive volatility, with Henry Hub swinging all around and recording an all-time high volatility of near 300%, while both TTF and JKM hit their highest price variability since […]