European Gas Hub
No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
European Gas Hub
No Result
View All Result
Home Gas Prices

Natural gas price becnhmarks

Editor by Editor
2 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

Asian-price-premium

JKM: return of the Asian price premium?

3 days ago
TTF-drops

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy

Gas storage value in a post-crisis market

1 week 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

Asian-price-premium
Gas Prices

JKM: return of the Asian price premium?

3 days ago
TTF-drops
Gas Prices

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy
Gas Prices

Gas storage value in a post-crisis market

1 week ago
Russian-gas-exports
Gas Prices

Russian gas exports to Europe down by 20%

2 weeks ago
LNG-prices
Gas Prices

Weekly trend of natural gas and LNG prices – May 9

3 weeks ago
Natural-gas-price
Gas Prices

Natural gas price benchmarks: prices continue to ease

1 month ago

Leave a Reply Cancel reply

Your email address will not be published.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

No Result
View All Result

Trending Posts

timera-energy

Gas storage value in a post-crisis market

1 week ago
Russian-gas-exports

Russian gas exports to Europe down by 20%

2 weeks ago
LNG-prices

Weekly trend of natural gas and LNG prices – May 9

3 weeks ago
Load More

Recent Post

Asian-price-premium

JKM: return of the Asian price premium?

3 days ago
TTF-drops

TTF drops below the $10/mmbtu mark for the first time since June 2021.

1 week ago
timera-energy

Gas storage value in a post-crisis market

1 week ago
Load More

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
  • Other
  • Unconventional Resources

Recent Posts

JKM: return of the Asian price premium?

TTF drops below the $10/mmbtu mark for the first time since June 2021.

Gas storage value in a post-crisis market

Energise your Tuesday!

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

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

© 2020 EuropeanGasHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login

© 2020 EuropeanGasHub | All Rights Reserved

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 Tuesday!

SIGN UP to receive our weekly newsletter with new European gas market reports, presentations & analysis. EVERY TUESDAY!