European LNG values break records as Asian spot prices rise again and Nymex Henry Hub hits $5 mark

Friday, 10 September 2021

European natural gas prices and LNG values hit summer season records of over $19 per million British thermal units as Asian spot cargo prices soared over $21 per MMBtu and US Henry Hub futures moved over the $5 per MMBtu level, signalling global shortages for gas for power in the coming Northern Hemisphere winter.

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