LNG

Fast-growing Asian demand for cross-basin LNG cargoes has widened price spreads between the Japan Korea Marker (JKM) and the Dutch TTF for the July–September period. An uneven recovery in Hormuz carrier transits risks delaying a return to “normal” exports until October.

Intercontinental Exchange (IEC) is preparing to extend trading hours for European gas and power futures to match the 22-hour cycles of US and Asian markets. The move enables seamless LNG cross-basin trade and hedging between TTF, Henry Hub, and JKM benchmarks in aligned hours and US$ pricing.