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Natural gas & LNG

Executive Summary July 2018

Regional analysis & forecasts
Market overview

Market developments

  • Spot LNG prices in Northeast Asia are starting to ease. Average prices for August delivery are expected to be around $10/MMBtu, with summer prices having already peaked. Greater supplies of spot LNG from new projects in the region are helping to pull prices down.
  • European hub prices are continuing to receive supply-side support. Weak output, maintenance and strong storage injections are helping to provide a floor to prices despite low levels of demand. The NBP month-ahead was around 57-58 p/th by the middle of July.
  • The...