Gas prices plummeted to 10-year lows in 2019, reshaping global energy economics. The NBP in Europe hit $3.15/MMBtu in July, while Asian spot prices fell to $4.10/MMBtu in August. The U.S. saw Henry Hub prices average $2.53/MMBtu, with Waha prices dipping to a stark $0.90/MMBtu. These sharp declines underscored market oversupply, changing trade dynamics, and intensifying competition among exporters.
Graphs & Data
LNG Report 2020 LNG and Gas Pricing
Subscribe to Our Communications
Sign up to our communications to stay in the loop on any news and updates from the International Gas Union.
Registration successful
Thank you for signing up — stay tuned for the latest updates and news!