2016 IGU Wholesale Gas Price Survey

May 9, 2016

The 2015 IGU Wholesale Gas Price survey is the eighth to be undertaken in a series which began 10 years ago. The eight surveys have confirmed the significant changes in wholesale price formation mechanisms during a period of key developments and upheaval in the global gas market.

With the aim to establish baseline survey on wholesale price formation mechanisms around the world data for over 100 countries has been collated and analysed.

The latest survey shows that gas-on-gas competition (GOG) continued to increase its share in 2015 in Europe, spot LNG imports and in India’s domestic pricing. Meanwhile, oil-linked prices also increased its share marginally as the changes in Europe and LNG imports were more than offset by domestic pricing reforms in China. With the advent of US LNG exports and the current surplus of LNG more changes in pricing mechanisms may be to come over the next few years.

2015 is the first survey for the USA Presidency triennium, culminating in the World Gas Conference, Washington D.C., June 2018.

Click to download the report

IGU @IGU_News

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IGU @IGU_News

#LNG markets 🌏🌍🌎 β€’ Gas on gas competitive #pricing at near 1/2 of global price formation in 2019 β€’ Spot volumes trade represented over 1/3 πŸ€“ Learn more in the 2020 Wholesale Gas Price Report at https://t.co/C61gbSjYhk. @ReutersCommods @ftenergy @markets #NaturalGas https://t.co/F1fxnYF8tg

IGU @IGU_News

RT @APPEALtd: A new international survey by @IGU_News has found that Australia’s average natural gas prices continue to remain amongst the…

IGU @IGU_News

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