Question 1

What is the LNG Price Index?

Accepted Answer

The LNG Price Index tracks global liquefied natural gas (LNG) benchmark prices including JKM (Asia), TTF (Europe), and Henry Hub (US). It provides daily price updates, trend analysis, voyage netback calculations, and arbitrage signals using public-domain data from IEA, EIA, ICE Futures, and CME Group. It is the leading free LNG price intelligence platform for traders, analysts, and energy professionals.

Question 2

What is the current JKM LNG price today?

Accepted Answer

As of April 3, 2026, the JKM (Japan Korea Marker) spot LNG price is $18.75/MMBtu (-2.67%). JKM is the primary benchmark for Northeast Asian LNG spot trade, assessed by S&P Global Platts. The current JKM-Henry Hub spread is $15.94/MMBtu. Prices are easing from March highs as shoulder season begins.

Question 3

What is the current TTF gas price today?

Accepted Answer

As of April 3, 2026, the TTF (Title Transfer Facility) front-month price is €50.08/MWh (-1.46%, ~$16.90/MMBtu). TTF is the primary European natural gas benchmark. Stabilizing as renewable generation increases and shoulder season begins. EU gas inventories are at approximately 29%.

Question 4

What is LNG arbitrage and how does the JKM-HH spread work?

Accepted Answer

LNG arbitrage involves buying LNG in a lower-priced market (like US Henry Hub at $2.81/MMBtu) and selling it in a higher-priced market (like Asia JKM at $18.75/MMBtu). The JKM-HH spread of $15.94/MMBtu represents the gross arbitrage opportunity. Net arbitrage requires deducting liquefaction costs (~$3/MMBtu), shipping costs ($1.50–$4.00/MMBtu depending on route and charter rates), and regasification fees. New contracts priced at ~119% HH + $2.80–$3.20 liq fee.

Question 5

What happened at Ras Laffan and how does it affect LNG prices in 2026?

Accepted Answer

QatarEnergy confirmed missile attacks on Ras Laffan LNG facilities in March 2026, resulting in approximately 15.6 MTPA (~4% of global supply) going offline for an estimated 3–5 years. QatarEnergy declared force majeure extended through mid-June 2026. This structural supply loss drove prices sharply higher, though seasonal easing has since moderated the impact.

Question 6

What is the LNG price forecast for 2026?

Accepted Answer

LNG price forecasts for 2026 reflect both structural supply disruption and a massive new supply wave. Goldman Sachs maintains a Q2 2026 TTF forecast of €63/MWh. Analysts (Bernstein/Kpler) anticipate a 'Buyer's Market' shift later in 2026 as 93–150 mtpa of new liquefaction capacity from North America comes online, potentially pulling JKM back toward $9–$10.

Question 7

What is the Henry Hub natural gas price today?

Accepted Answer

As of April 3, 2026, the Henry Hub natural gas price is $2.81/MMBtu (-2.77%). Relatively flat — strong export demand is offset by mild domestic spring weather. New US LNG export contracts priced at approximately 119% of Henry Hub plus $2.80–$3.20/MMBtu liquefaction fee.

Question 8

How does AI data center growth impact natural gas demand?

Accepted Answer

The rapid expansion of AI data centers is driving significant new electricity demand, much of which is being met by natural gas-fired generation. This adds structural demand growth for US Henry Hub gas and, by extension, feedgas for LNG export facilities. Analysts estimate AI-driven power demand could add 5–10 Bcf/d of US gas demand by 2030.