Global LNG supply is entering a new phase, with the next LNG wave likely to reshape gas pricing regimes and extend Henry Hub’s influence well beyond North America. What the glut: The next LNG wave will not only drive down gas price levels, but ultimately could lead to a new gas pricing regime, with profound […]
Global gas prices moved lower across Asia and Europe last week amid ample LNG supply and mild weather conditions, while US prices showed greater resilience as shifting weather forecasts supported demand expectations. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG price JKM (January delivery) fell to the mid-USD 9s/MMBtu on 12 December, down from […]
Australian LNG exports are entering a softer phase, with shipments at multi-year lows as Asian LNG demand weakens. The latest Australian LNG tracker highlights how operational constraints, falling domestic gas demand and shifting regional dynamics are reshaping Australia’s role in global LNG markets. Australian LNG exports have fallen to their lowest levels in four years, […]
Australian LNG exports slipped again in 2025, with year-to-date shipments down 2.8% compared with the same period last year, according to LSEG seaborne LNG data. The slowdown leaves Australia further behind the US and Qatar, which have expanded output and strengthened their positions in the global LNG market. Global LNG trade grew 5.2% y/y in […]
Europe’s ability to tighten methane rules without risking security is increasingly underpinned by a strong outlook for global LNG supply. According to analysis by Rystad Energy, commissioned by EDF Europe, LNG supply growth toward the end of the decade is expected to create a more comfortable market balance, reducing exposure to individual exporting countries. Rystad’s […]
Russian LNG flows into China showed strong seasonal momentum in 2025, with September imports rising above the entire 2021–2024 range. While China’s LNG demand has remained comparatively soft this year, Russian cargoes have continued to gain ground, supported by flexible spot availability and Russia’s increasing reliance on China as a key outlet for its seaborne […]
Global gas prices diverged last week as Asian and European benchmarks weakened on ample LNG supply and mild weather, while US Henry Hub climbed on stronger heating demand and rising LNG exports. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG price JKM (January delivery) fell from the high-USD 10s to the low-USD 10s […]
Global gas prices moved lower in Asia and Europe last week on mild demand and stable supply, while US prices rose on stronger LNG exports and colder weather expectations. Asia The Northeast Asian assessed spot LNG price JKM (January delivery) for last week (24–28 November) fell to the high-USD 10s/MBtu on 28 November from the […]
Global LNG trade more than quadrupled since the beginning of the century. This strong growth was accompanied by a profound qualitative transformation enabling the development of a global traded LNG market. The staggering growth of LNG trade was underpinned by three major investment cycles, respectively driven by Qatar, Australia and the United States. This propelled […]