LNG price index

LNG price index

This post is a summary of the LNG price developments. The price developments of LNG are expressed in US$ prices converted FX rates applicable at the time when the price was valid. LNG price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for LNG prices, on the second tab, is generated from different inputs including:

• Very recent price developments of immediate cost drivers of LNG prices
• Recent price developments of underlying feedstocks which drive the price of LNG
• Market futures for both cost drives and feedstocks of liquified natural gas prices
• Adjustment of current supply/demand imbalances in the liquified natural gas market
• Longer term trends in likely demand conditions

Further information on the LNG price index

• World Bank source publication
• Wikipedia for general background notes

According to https://oec.world/ :

Natural gas, liquefied are the world’s 14th most traded product.

In 2020, the top exporters of Natural gas, liquefied were Australia ($25.7B), Qatar ($18.2B), United States ($13.2B), Malaysia ($7.3B), and Russia ($6.8B).

In 2020, the top importers of Natural gas, liquefied were Japan ($26.8B), China ($20.4B), South Korea ($14.2B), India ($7.26B), and Chinese Taipei ($4.74B).