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
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • FREE TRIAL
  • 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
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • FREE TRIAL
  • My account
  • Login
Global LNG Hub
Home LNG Contracts & Pricing

Natural gas price benchmarks – February

Editor by Editor
7 months ago
Reading Time: 1 min read
Natural gas price benchmarks – February
Share on FacebookShare on TwitterShare on Linkedin

Natural gas prices continued to slide across all key gas markets in February amidst unseasonably mild weather and improving supply conditions.

RELATED POSTS

European LNG imports

Europe’s LNG imports drop by 20%

2 days ago
China-LNG-demand

China’s LNG Imports Soar amid Growing Demand, but Will it Last?

4 days ago
LNG exports

Natural gas market in balance amid LNG movements and contract rollover

4 days ago

In Europe, TTF prices fell almost 40% year-on-year to an average of $17/mmbtu. Lower demand (down by 6% yoy), strong LNG and high inventory levels (50% above 5y average) all provided downward pressure on gas prices. And while those prices seems to be low compared to last year’s record highs -they are still three times above historic price levels.

In Asia, JKM prices followed suite, falling by 33% compared to last year to average at $17/mmbtu. China’s demand remained close to last year’s levels and its evolution will be key in determining whether we are heading to a tighter or more loose market in 2023…

In the US, Henry Hub prices are traded almost 50% below last year’s levels at an average of $2.4/mmbtu. Unseasonably mild weather crashed residential and commercial demand, which was down by 14% yoy. US storage levels stand now 20% above their 5y average, giving comfort for the remainder of the heating season.

And Canada’s AECO followed its buddy Henry, dropping by over 40% to $2.1/mmbtu, amidst milder weather and lower exports to the US.

What is your view? How will gas prices evolve now, as we are heading out of the heating season?

Source: Greg MOLNAR (LinkedIn)


RELATED POSTS

European LNG imports

Europe’s LNG imports drop by 20%

2 days ago
China-LNG-demand

China’s LNG Imports Soar amid Growing Demand, but Will it Last?

4 days ago
LNG exports

Natural gas market in balance amid LNG movements and contract rollover

4 days ago
Tags: Greg MolnarHenry Hub pricesnatural gas pricesTTF prices
Editor

Editor

Related Posts

European LNG imports
LNG Demand

Europe’s LNG imports drop by 20%

2 days ago
China-LNG-demand
Featured

China’s LNG Imports Soar amid Growing Demand, but Will it Last?

4 days ago
LNG exports
Featured

Natural gas market in balance amid LNG movements and contract rollover

4 days ago
LNG-prices
LNG Contracts & Pricing

Review of last week’s global natural gas and LNG prices

5 days ago
LNG-prices
LNG Contracts & Pricing

Review of last week’s global natural gas and LNG prices

2 weeks ago
Freeport LNG
Infrastructure

Freeport LNG seeing a recovery, with increased movement of tankers at the terminal

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

Freeport LNG

Freeport LNG seeing a recovery, with increased movement of tankers at the terminal

September 15, 2023
Global LNG imports

August 2023 LNG stats: Asia grabs larger share of global LNG imports

September 15, 2023
Australian LNG

Australian LNG strike worries: 6.5 bcm of LNG supply at risk?

September 14, 2023

Recent Post

European LNG imports

Europe’s LNG imports drop by 20%

September 29, 2023
China-LNG-demand

China’s LNG Imports Soar amid Growing Demand, but Will it Last?

September 27, 2023
LNG exports

Natural gas market in balance amid LNG movements and contract rollover

September 27, 2023
LNG-prices

Review of last week’s global natural gas and LNG prices

September 26, 2023
LNG-prices

Review of last week’s global natural gas and LNG prices

September 19, 2023
Freeport LNG

Freeport LNG seeing a recovery, with increased movement of tankers at the terminal

September 15, 2023

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

Europe’s LNG imports drop by 20%

China’s LNG Imports Soar amid Growing Demand, but Will it Last?

Natural gas market in balance amid LNG movements and contract rollover

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
  • Videos
  • Other Hubs
    • GLOBAL MARITIME HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • FREE TRIAL
  • My account
  • Login

© 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
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!