LNG

Intercontinental Exchange (ICE) has launched new options on the Japan-Korea Marker (JKM) liquefied natural gas benchmark, LNG balance-of-month freight futures and UK base electricity options.

Optionality, not just molecules, is what LNG buyers are scrambling for as spare capacity shrinks and shipments from Qatar remain constraint. As sources for ‘safe’ supply become finite, each new shipping disruption has a greater impact on prices and procurement decisions, analysts warn.