• Global Gas Analytics
  • Analysis & Forecasts

Executive Summary Market overview

March 2017

Market developments

  • Spot LNG prices have come under pressure in Asia, with some trades for April delivery dipping to $5.5-6.0/MMBtu. Further declines are likely this spring, but above average temperatures during the peak of summer are expected to result in strong demand driving a price rise.
  • European hub prices have fallen, with the NBP month-ahead at around 41 p/th by the middle of March. Further declines are likely, with the NBP month-ahead expected to average around 35 p/th in Q3.
  • An unusually mild February weighed on the Henry...