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
  • 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
  • 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

Natural gas price becnhmarks

Editor by Editor
4 years ago
Reading Time: 1 min read
TTF gas prices
Share on FacebookShare on TwitterShare on Linkedin

Natural gas benchmarks ended then year with a massive bull run in December, closing a difficult 2020 well above last year’s price levels.

RELATED POSTS

LNG-imports

More LNG imports required to fill European gas storage

2 days ago
global-gas-market

Europe’s exposure to a wild and volatile global gas market

3 weeks ago
TTF-power-and-carbon-prices

Cross-commodity correlation between TTF, power and carbon prices continued to strengthen

3 weeks ago

The undisputed champion was of course JKM jumping by almost 70% yoy and closing the year at over $12/mmbtu -a six year high. colder winter temperatures in China combined with lower pipeline supplies from Central Asia prompted a massive buying spree on the spot market.

China’s LNG imports are now on track to overpass 8 MT – its highest level on record. nuclear outages in Japan and coal caps in Korea have also contributed to JKM’s strength, whilst LNG supply remained subdued due to outages.

As such, oil-indexed LNG prices are now about one-third below the spot level -sometimes it pays off having some JCC slopes in your contract portfolio.

In Europe, TTF gained over 33% yoy, partly driven by higher demand (up by 2.5%), but most importantly by the drying up LNG inflow, down by 40% as cargoes have been increasingly diverted to Asia.

In the US, Henry gained 16% yoy despite lower domestic demand and driven by higher LNG export flows jumping by ~40% yoy and set to reach another record of over 6 MT.

What is your view? How will prices evolve in 2021? Will we see a strong yoy recovery as the market expects it?

Source: Greg Molnar

Connect with Greg on LinkedIn

Tags: Greg MolnarHenry hubJKMTTF
Editor

Editor

Related Posts

LNG-imports
Gas Prices

More LNG imports required to fill European gas storage

2 days ago
global-gas-market
LNG

Europe’s exposure to a wild and volatile global gas market

3 weeks ago
TTF-power-and-carbon-prices
LNG

Cross-commodity correlation between TTF, power and carbon prices continued to strengthen

3 weeks ago
natural-gas-markets
Gas Prices

The growing complexity of natural gas markets

2 months ago
LNG-exports
LNG

Russia aiming to increase LNG exports by 100bcm by 2030

2 months ago
TTF-seasonal-spreads
Gas Prices

TTF seasonal spreads finally return into positive territory

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

Norwegian-gas

Norwegian gas decline pushes European storage injections further down

2 weeks ago
global-gas-market

Europe’s exposure to a wild and volatile global gas market

3 weeks ago
Gas-price-volatility

Gas price volatility remains well-above their historical levels

2 days ago
Load More

Recent Post

LNG-imports

More LNG imports required to fill European gas storage

2 days ago
Gas-price-volatility

Gas price volatility remains well-above their historical levels

2 days ago
European-gas-demand

European gas demand continues to be low

1 week 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

More LNG imports required to fill European gas storage

Gas price volatility remains well-above their historical levels

European gas demand continues to be low

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
  • 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.