European LNG send-out spikes amid global price convergence

A recent surge in LNG send-out into gas grids from European terminals has coincided with the greatest level of convergence among key global gas prices for at least six years, ICIS analysis shows.

ICIS has measured global gas price convergence based on the coefficient of variation of ICIS’ US dollar front-month price assessments of the Dutch TTF, the Japanese delivered ex-ship (DES) LNG price, the Brazil DES LNG price and NYMEX Henry Hub futures settlements.

ICIS looks at the key drivers behind this global price convergence, in the context of rising US LNG exports and a scarcity of European LNG reloads.

Complete your details to access the market highlight now

All fields are required

Hello ! (Not you?)

Your Data Privacy
By completing this enquiry form you indicate your consent for us to email you information about selected products, events and services from ICIS and from carefully chosen third parties unless you object to receiving such messages by ticking the boxes below.