global-hydrogen-hub global-hydrogen-hub global-hydrogen-hub
European Gas Hub Logo
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
European-Gas-Hub-Logo
No Result
View All Result
Home Gas Prices

JKM, TTF rise on Norwegian gas processing facility and other maintenance deferrals

Editor by Editor
2 years ago
Reading Time: 1 min read
Share on FacebookShare on TwitterShare on Linkedin

The Northeast Asian assessed spot LNG price JKM for the previous week (12 June – 16 June) rose from the mid-USD 9s on the previous week to the mid-USD 13s on 15 June due to extended maintenance at the Nyhamna gas processing plant in Norway and concern that supply would be tight. It settled in the low USD 12s on the following day, 16 June.

RELATED POSTS

natural-gas-markets

The growing complexity of natural gas markets

4 weeks ago
TTF-seasonal-spreads

TTF seasonal spreads finally return into positive territory

4 weeks ago
TTF-gas-price

TTF prices crashed by more than 20% since Liberation Day

1 month ago

According to a 14 June METI release, Japan’s LNG inventories for power generation totaled 2.30 million tonnes as of 11 June, down 0.08 million tonnes from the previous week, up 0.16 million tonnes from the end of the same month of last year and up 0.35 million tonnes from the average of the past five years.

The European gas price TTF rose from USD 10.1/MBtu the previous week to USD 11.4/MBtu on 13 June following the announcement of the postponement of the completion of maintenance at several gas-related facilities in Norway.

On 15 June, the price temporarily rose to USD 15.6/MBtu during the day, but settled at USD 13.0/MBtu and further dropped to USD 11.3/MBtu the following day on 16 June.

ACER published the 16 June spot LNG assessment price for delivery in the EU at EUR 33.5/MWh (equivalent to USD 10.8/MBtu). According to AGSI+, the European underground gas storage rate as of 16 June was 73.7%, up from 71.5% the previous week.

The U.S. gas price HH rose slightly from USD 2.3/MBtu the previous week to USD 2.6/MBtu on 16 June due to expected higher summer temperatures.

According to the EIA Weekly Natural Gas Storage Report released on 15 June, the U.S. natural gas underground storage on 9 June was 2,634 Bcf, up 84 Bcf from the previous week, up 26.5% from the same period last year, and up 15.5% from the historical five-year average.

Updated 19 June 2023

Source: JOGMEC


RELATED POSTS

natural-gas-markets

The growing complexity of natural gas markets

4 weeks ago
TTF-seasonal-spreads

TTF seasonal spreads finally return into positive territory

4 weeks ago
TTF-gas-price

TTF prices crashed by more than 20% since Liberation Day

1 month ago
Tags: ACERAsian LNG demandFreeport LNGHammerfest LNGHenry hub pricesJKM price indexJOGMECLNG cargoesspot LNG pricesTTF gas price
Editor

Editor

Related Posts

natural-gas-markets
Gas Prices

The growing complexity of natural gas markets

4 weeks ago
TTF-seasonal-spreads
Gas Prices

TTF seasonal spreads finally return into positive territory

4 weeks ago
TTF-gas-price
Gas Prices

TTF prices crashed by more than 20% since Liberation Day

1 month ago
natural-gas-prices
Gas Prices

Gas prices remained elevated across all key markets in March, amid tight supply-demand fundamentals and low storage levels

1 month ago
European-gas-demand
Gas Prices

Natural gas demand continued to expand strongly through the 2024/25 heating season, driven largely by Europe

2 months ago
European-gas-storage
Gas Prices

European gas storage refill season begins

2 months ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

natural-gas-markets

The growing complexity of natural gas markets

4 weeks ago
European-gas-storage

European gas storage injection surge since end of April

2 weeks ago
LNG-exports

Russia aiming to increase LNG exports by 100bcm by 2030

4 weeks ago
Load More

Recent Post

German-intraday-power-spreads

German intraday power spreads averaged at €125/MWh since the start of the year

6 days ago
European-gas-storage

European gas storage injection surge since end of April

2 weeks ago
power-outage

Spain’s unprecedented power outage demonstrates energy system fragility

3 weeks ago
Load More
Logo

European Gas Hub is an online platform for sharing analysis and information about European natural gas markets more info

Categories

  • European Gas Prices
  • Energy Policy
  • European Gas Infastructure
  • European Gas Storage
  • Coal Market
  • Supply & Demand
  • Gas Supply & Demand
  • LNG
  • European Power Generation
  • Other

Recent Posts

German intraday power spreads averaged at €125/MWh since the start of the year

European gas storage injection surge since end of April

Spain’s unprecedented power outage demonstrates energy system fragility

Energise your Tuesday!

Sign up to receive our weekly newsletter with new European gas market reports, presentations & analysis. Every Tuesday.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

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

© 2020 EuropeanGasHub | All Rights Reserved

No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 EuropeanGasHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.