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TTF gas price dips below the JKM for the first time in 2025

Summary by europeangashub.com
The European gas price slump tightened the spread with JKM, as TTF settled yesterday slightly below the Asian benchmark, for the first time since the start of the year. Low storage levels, together with higher European gas demand pushed TTF well-above JKM prices through January, as Europe was desperately looking for flexible LNG cargos. The European premium soared to $1.92/mmbtu at the end of January -its highest level since May 23 and enough to…
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europeangashub.comeuropeangashub.com

TTF gas price dips below the JKM for the first time in 2025

The European gas price slump tightened the spread with JKM, as TTF settled yesterday slightly below the Asian benchmark, for the first time since the start of the year. Low storage levels, together with higher European gas demand pushed TTF well-above JKM prices through January, as Europe was desperately looking for flexible LNG cargos. The European premium soared to $1.92/mmbtu at the end of January -its highest level since May 23 and enough to…

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europeangashub.com broke the news in on Tuesday, February 18, 2025.
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