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

Weekly trend of natural gas and LNG prices

Editor by Editor
4 months ago
Reading Time: 2 mins read
LNG-prices
Share on FacebookShare on TwitterShare on Linkedin

The Northeast Asian assessed spot LNG price JKM for the previous week (14 November-18 November) remained flat from USD 22/MBtu the previous week, but then rose for two consecutive days to USD 29/MBtu on 16 November due to higher European gas prices and heating demand in Asia for the winter season.

RELATED POSTS

Calcasieu Pass LNG Commercial Operations May Be Delayed

Calcasieu Pass LNG Commercial Operations May Be Delayed

2 days ago
Russian LNG exports to Europe overtake piped deliveries

Russian LNG exports to Europe overtake piped deliveries

2 days ago
Freeport LNG is back at full speed!

Freeport LNG is back at full speed!

3 days ago

On 17 November, it fell back to USD 25/MBtu due to high LNG inventories in Asia and mild weather. On 18 November, the market strengthened and JKM rose to USD 29/MBtu on a glimpse of winter heating demand.

According to METI, Japan’s LNG inventories for power generation were 2.52 million tonnes as of 13 November, up 0.36 million tonnes from the end of the same month last year and up 0.57 million tonnes from the average of the past five years, which remains a high level.

The European gas price TTF rose to USD 34.4/MBtu on 14 November from USD 29.6/MBtu the previous week, despite continued mild weather and continued high levels of underground gas storage. On 15 November, TTF rose further to USD 37.8/MBtu due to increased demand associated with cooler temperatures.

The price fell to USD 34.8/MBtu on 16 November, due to downward pressure on prices from low gas prices in Egypt and Algeria and other factors, and fell further to USD 34.0/MBtu on 17 November, but rebounded to USD 35.1/MBtu on 18 November. According to AGSI+, the EU average underground gas storage on 18 November was 95.25%.

The U.S. gas price HH rose for three consecutive days after remaining flat from USD 5.9/Mbtu the previous week, reaching USD 6.4/Mbtu on 17 November. On 18 November, it turned around and slightly declined to USD 6.3/MBtu.

On the same day, Freeport LNG postponed the resumption of the initial production from mid-November to mid-December, subject to regulatory approval.

The market focused on strong heating demand and HH was on the rise. According to the EIA Weekly Natural Gas Storage Report released on 17 November, the US natural gas underground storage on 11 November was 3,644 Bcf, an increase of 64 Bcf from the previous week, up 0.1% from the same period last year and down 0.2% from the historical five-year average.

Updated 22 November 2022

Source: JOGMEC

Tags: Asian LNG demandFreeport LNGHenry Hub pricesJKM price indexJOGMECLNG cargoesspot LNG pricesTTF gas price
Editor

Editor

Related Posts

Calcasieu Pass LNG Commercial Operations May Be Delayed
Infrastructure

Calcasieu Pass LNG Commercial Operations May Be Delayed

2 days ago
Russian LNG exports to Europe overtake piped deliveries
Infrastructure

Russian LNG exports to Europe overtake piped deliveries

2 days ago
Freeport LNG is back at full speed!
Featured

Freeport LNG is back at full speed!

3 days ago
Strikes Hit French LNG Import Terminals
Featured

Strikes Hit French LNG Import Terminals

4 days ago
LNG-prices
LNG Contracts & Pricing

Weekly trend of natural gas and LNG prices – March 27

4 days ago
LNG-prices
LNG Contracts & Pricing

Weekly trend of natural gas and LNG prices – March 20

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

French-LNG-terminals

Send out by French LNG terminals down due to strike action

March 8, 2023
LNG-prices

Weekly trend of natural gas and LNG prices – March 20

March 22, 2023
Natural gas price benchmarks – February

Natural gas price benchmarks – February

March 3, 2023

Recent Post

Calcasieu Pass LNG Commercial Operations May Be Delayed

Calcasieu Pass LNG Commercial Operations May Be Delayed

March 31, 2023
Russian LNG exports to Europe overtake piped deliveries

Russian LNG exports to Europe overtake piped deliveries

March 30, 2023
Freeport LNG is back at full speed!

Freeport LNG is back at full speed!

March 30, 2023
Strikes Hit French LNG Import Terminals

Strikes Hit French LNG Import Terminals

March 29, 2023
LNG-prices

Weekly trend of natural gas and LNG prices – March 27

March 29, 2023
LNG-prices

Weekly trend of natural gas and LNG prices – March 20

March 22, 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

Calcasieu Pass LNG Commercial Operations May Be Delayed

Russian LNG exports to Europe overtake piped deliveries

Freeport LNG is back at full speed!

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?

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?