Commodity Market Report
LNG short-term outlook: August 2022
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Rallying power prices, outages in Norway and continued uncertainties on Russian flows have pushed European gas prices above $80/mmbtu. European LNG prices extended their discounts to European gas hubs – a dynamic we expect will soften in Q4 – as the system remains maxed out across continental NW Europe. Pacific LNG buyers remain on the sidelines at these price levels. Asian prices trade at parity to European LNG. A moderate premium could emerge this winter, but we expect limited competition.
Table of contents
- T ightening European balances propel skyrocketing LNG prices
Tables and charts
This report includes the following images and tables:
- Updated: 31 August 2022
What's included
This report contains:
Other reports you may be interested in
Insight
LNG Tool Key Changes - Q1 2025 refresh
A data refresh of LNG demand and LNG shipping costs to align with our Global gas Strategic Planning Outlook.
$1,050
Asset Report
Train X
Train X was a single-train, 3-mmtpa speculative LNG project, located in Trinidad and Tobago. In 2007, BG (now Shell) and the government ...
$2,700
Asset Report
PETRONAS FLNG 1 - Commercial overview
PFLNG 1 was the first floating facility in Malaysia, initially moored 180 kilometres offshore Sarawak and received gas from the Kanowit ...
$2,700
