Executive Summary Forecasts

December 2017
  • Asian spot LNG prices have continued to increase, with some cargoes for January delivery rising above $10/MMBtu. GGA expects spot prices to average around $10/MMBtu in Q1 2018. Rising demand and increased import requirements have been driving prices up, despite new supply entering the market. 
  • European hub prices rocketed up in the middle of December when disruptions to North Sea and Norwegian flows in addition to an explosion at the Baumgarten hub in Austria hit supplies to the region. The NBP month-ahead is forecast to average...

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