• Global Gas Analytics
  • Analysis & Forecasts

Executive Summary Forecasts

October 2018
  • Seasonal market tightening will drive up spot LNG prices in Northeast Asia over the coming months. Prices were around $11.5/MMBtu in mid-October and are forecast to average $12.3/MMBtu in Q1 2019. Despite the forecast for mild temperatures, growing demand will support regional imports.
  • The NBP month-ahead price was around 71 p/th by mid-October after peaking at 77.7 p/th in late September. Demand is expected to be weak this winter, and while seasonal tightening is anticipated, further gains will be moderate. GGA forecasts the NBP month-ahead will...