European natural gas prices decline further amid gas glut and margins widen in favour of Asian LNG cargoes
European liquefied natural gas price benchmarks declined by over 13 percent this week as supplies were ample and margins widened to over $4 per million British thermal units between the Pacific and Atlantic basin values .
European and Asian LNG prices decline as storage levels hit records after earlier surge in delivered cargoes
European and North Asian liquefied natural gas cargo and wholesale gas futures prices declined for the winter season and were flat through September as regional gas storage hit record levels exactly a year after European Union prices soared over $62 per MMBtu when Russian pipeline gas supplies were severely disrupted.
Rising European and Asian LNG values and Gulf Coast LNG futures will add momentum to winter market
The US exported 14 liquefied natural gas shipments in the past week, four more than the previous week, as rising European and Asian LNG values and increasing Gulf Coast LNG futures prices were expected to give some momentum to the winter cargo market.
US company for energy derivatives to hedge markets like LNG and natural gas shows revenue surge
CME Group Inc., the global derivatives company for energy and other commodities to hedge physical LNG, natural gas, oil or gasoline trading reported a surge in first-half income but failed to repeat the record numbers for March and April 2020.
Global commodities exchange operator CME to launch US LNG Export future on October 14
Global commodities exchange operator CME Group said it would launch a futures contract for liquefied natural gas linked to physically delivered volumes from the Sabine Pass export plant of Cheniere Energy.
US LNG heads for UK amid strong futures and spot prices and likely high storage withdrawal
US LNG cargoes were being shipped to the UK to take advantage of higher seasonal prices as US natural gas futures and spot prices also stayed high as weather reports were for colder medium-range temperatures.
US natural gas export surge is led by LNG while Canada is key pipeline gas supplier in winter
US natural gas exports, comprising LNG shipments from Louisiana and Maryland have surged in the first half of 2018, while US pipeline supplies to Mexico rose by just 4 percent and exports to Canada were offset by a jump in imports from the northern neighbour during the winter cold snap.
US LNG futures in May
March 23 (LNGJ) - The Intercontinental Exchange (ICE) will launch the first US LNG futures contract in May 2017. In an exchange note to customers, ICE said it planned to list the new contract on May 4, subject to completion of necessary regulatory processes. The LNG contract will be settled against the assessments made by US pricing firm Platts. Among the advantages, LNG futures contracts will enable market participants to hedge their positions
