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Asian Spot LNG Price Starts to Firm as Winter Nears

SINGAPORE (ICIS) –The ICIS East Asia Index (EAX) firmed on 22 September on early TTF trades and tender information, resulting in a spot value of $41.00/MMBtu, $2/MMBtu higher than the previous day’s close.

September 23, 2022
Europe and Asia LNG Prices Jumped After EU Address on Energy

Europe and Asia LNG Prices Jumped After EU Address on Energy

LONDON (ICIS) –The ICIS TTF October ’22 contract rose to $66.03/MMBtu on 14 September, up almost 11% day on day.

September 16, 2022
East Asia, TTF Prices Fall After Rally, With Some LNG Buying Deferred

East Asia, TTF Prices Fall After Rally, With Some LNG Buying Deferred

The extended closure of the Nord Stream 1 pipeline from Russia to Germany caused a major rise in TTF prices on Monday and a similar reaction for East Asian spot LNG prices.

September 9, 2022
TTF Hits Record Highs Before Crashing on EU Intervention Plan, High Storage

TTF Hits Record Highs Before Crashing on EU Intervention Plan, High Storage

The ICIS TTF price scaled new heights last week before plummeting this week, setting the tone for erratic Asian spot price movements.

September 2, 2022
Europe’s TTF breaks new record as premium extends to Asia

Europe’s TTF breaks new record as premium extends to Asia

As concerns for securing winter supply continue to mount, the European gas benchmark TTF toppled new all-time highs this week.

August 19, 2022
European, Asian LNG Prices Stay High Amid Low Russian Gas Flows

European, Asian LNG Prices Stay High Amid Low Russian Gas Flows

SINGAPORE (ICIS) –Spot LNG prices in Asia and gas prices in Europe remain high on tight supply. The ICIS TTF September ’22 contract price reached $61.02/MMBtu on 2 August, the second highest on record after 8 March.

August 5, 2022
European Natural Gas, Asian LNG Prices Soar on NS1 Supply Cuts

European Natural Gas, Asian LNG Prices Soar on NS1 Supply Cuts

LONDON (ICIS) — Russia stepped up its curtailment of gas flows to Europe this week, in a move designed to be the dominating factor in the market. The impact was palpable as the ICIS TTF front-month gas price, the global benchmark, rose by 30% over the last seven days, with little indication of a significant fall back as long as current market conditions persist.

July 29, 2022
Asian Spot Prices Decline, LNG Shipping Rates Soften in Mixed Week for Global LNG Market

Asian Spot Prices Decline, LNG Shipping Rates Soften in Mixed Week for Global LNG Market

HOUSTON (ICIS) – Asia spot LNG prices have fallen this week, with the September ’22 ICIS East Asia Index (EAX) down more than 9% on 21 July from one week ago. The EAX has declined in recent days after peaking above $40/MMBtu.

July 22, 2022
European Supply Tightness Boosts Gas Prices, While Asian LNG Demand Rises

European Supply Tightness Boosts Gas Prices, While Asian LNG Demand Rises

European gas prices remained high this week, supported by supply tightness due to low Norwegian flows caused by unplanned outages at the Sleipner field and Nyhamna plant, and maintenance work on Nord Stream 1 set to last until 21 July.

July 15, 2022
Global LNG Prices Surge to Fresh Highs, Raising Prospect of Demand Destruction

Global LNG Prices Surge to Fresh Highs, Raising Prospect of Demand Destruction

LONDON (ICIS) — European gas supply uncertainty has continued to push the TTF benchmark to new highs, with the ICIS TTF August ’22 contract surging to the fourth highest level ever on 6 July.

July 8, 2022
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