Natural gas & LNG

Executive Summary May 2018

Regional analysis & forecasts
Market overview

Market developments

  • Spot LNG prices in Northeast Asia are rising as summer approaches and the market tightens. Average prices for June delivery are around $8.2/MMBtu and prices for July delivery will average around $8.5/MMBtu, according to GGA forecasts.
  • European hub prices have been supported by weak indigenous production and high demand for gas to rebuild stocks as well as rising oil prices. The NBP month-ahead was around 58 p/th by mid-May.
  • The Henry Hub front-month futures price has been supported by severely depleted gas stocks in the United...