Cold weather has finally arrived in Europe, necessitating some of the season’s first natural gas storage withdrawals and lifting prompt prices. The Title Transfer Facility (TTF) finished last week higher on colder forecasts and the gains held Monday, when the December contract finished 30 cents higher at $34.87/MMBtu. Other winter contracts fell with storage inventories…
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Articles from TTF
Storage, LNG Calm European Natural Gas Prices as Countries Look for Further Demand Cuts
Even as a mild start to European winter and a glut of LNG cargoes calm natural gas prices on the continent, governments are urging greater gas conservation as the risks of spiking demand pile up. European Union natural gas storage is currently above 95%, ahead of the bloc’s 80% target for winter, as the region…
November 17, 2022
TTF’s Premium Over Asian Spot LNG Price Narrows Sharply
HOUSTON (ICIS) – The TTF front-month contract has fallen by 31% since the start of October.
November 4, 2022
European, Asian Natural Gas Prices Steady on Firm Supplies – LNG Recap
Natural gas prices in Europe and Asia have leveled off amid warmer weather and strong storage stocks in both regions. In Europe, where inventories are at 94% of capacity, temperatures are expected to remain mild next week, according to Maxar’s Weather Desk. Above normal temperatures are expected in big gas consuming regions like France, Germany…
October 31, 2022
East Asia Spot LNG Price Surpasses TTF for Winter
Asian spot LNG prices surpassed the ICIS TTF benchmark this week for the first time since late June on rising demand in Asia and high stock levels in Europe.
October 28, 2022
ICE Plans European LNG Contracts to Bridge Natural Gas Price Divide
Intercontinental Exchange Inc. (ICE) plans to offer two LNG futures contracts to Europe aimed at bridging the growing price divide between exports landing on the continent and natural gas transported through pipelines ICE could begin offering futures contracts for liquefied natural gas to Northwest and Southwest Europe on Dec. 5, pending regulatory approval, according to…
October 27, 2022
November Natural Gas Futures Prices Flat Despite Intraday Swings; Cash Slightly Higher on Cold Snap
Natural gas futures took a breather Wednesday following a two-day rally at the front of the curve that lifted the prompt-month contract amid technically oversold conditions. Despite some intraday volatility, the November Nymex contract closed out Wednesday’s session at $5.606, off only seven-tenths of a penny from Tuesday’s close. December natural gas futures slipped 4.7…
October 26, 2022
EU Leaders Place Price Caps on Natural Gas, Design New LNG Benchmark
European natural gas prices continued to dip after the 27 European Union (EU) leaders agreed to a “roadmap” of emergency measures, including capping prices on gas sales, to help meet Europe’s energy crisis. Following many hours of negotiations, agreement was reached on several measures, including a proposal for a temporary price limit on gas transactions…
October 24, 2022
East Asia spot LNG prices drop, TTF-EAX spread widens
Asia spot prices have fallen this week, with the December ‘22 ICIS East Asia Index (EAX) down more than 20% on 20 October from one week ago.
October 21, 2022
Why Are European LNG Prices Lower than TTF? Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow. Spark Commodities CEO Tim Mendelssohn joins NGI’s Jamison Cocklin, editor of LNG Insight, to discuss the growing gap between the price of LNG landing in Europe and pipeline hubs on the continent like the Title Transfer Facility. The conversation also touches on…
October 21, 2022
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