NATGAS - LNG NWE JAPAN KOREA in $/Mmbtu

LNG NWE ARA, Japan/Korea Marker, Back month, Front Month, Japan Crude Cocktail..

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last update: 2025-06-21 23:00:04 GMT

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NGLN LN NWE NWE NWE JP JP/KR JP/KR JP/KR JP USG AU USG
ICE HENRY HUB TTF NATGAS SPREAD LNG NWE A.R.A MARKER LNG North West EU (ICE) LNG South West EU (ICE) LNG JAPAN MARKER LNG JP/KR MARKER FRONT LNG JAPAN MARKER LNG JP/KR MARKER BACK LNG JP Crude Cocktail LNG FREIGHT ROUTE US GULF TO CONTINENT RV LNG FREIGHT ROUTE AUSTRALIA TO JAPAN RV LNG FREIGHT ROUTE US GULF TO JAPAN RV
Swap Hub Hub Hub Hub Hub Hub Hub Hub Hub US Gulf - Continent Australia to Japan US Gulf - Japan
versus $/Mmbtu versus $/Mmbtu versus $/Mmbtu versus $/Mmbtu $/Mmbtu $/Mmbtu versus $/Mmbtu $/Mmbtu $/Mmbtu $/mT $/day $/mT $/day $/mT $/day
Outright NG Outright UKD Outright UKD Outright UKD Outright Outright Outright UKD Outright Outright Outright LNG T.C. LNG T.C. LNG T.C.
UKD THD NWM NWL SWL TCM JKF JKM JKB JCC BL2 BL1 BL3
JUN25 11.85 -9.40 13.38 +0.70 12.55 -0.84 11.01 -0.63 11.22 -0.63 11.22 - 37.59 -0.84 11.01 - 23.02 - 81.72 - 17438 - 14900 - 21538
JUL25 10.65 -9.18 13.23 +2.05 12.70 +1.73 12.38 +1.84 12.49 +1.84 12.49 - 30.71 +1.73 12.38 - 23.12 - 80.63 - 23167 - 21667 - 31000
AUG25 12.05 -8.96 13.09 +0.80 12.86 +1.75 13.80 +1.76 13.81 +1.76 13.81 - 23.21 +1.75 13.80 - 23.21 - 79.65 - 25000 - 22667 - 32667
SEP25 12.17 -8.77 13.06 +0.84 13.01 +1.83 14.00 +1.85 14.02 +1.85 14.02 - 23.07 +1.83 14.00 - 23.07 - 79.11 - 25667 - 28333 - 37000
OCT25 12.28 -8.65 13.15 +0.88 13.16 +1.87 14.15 +1.88 14.16 +1.88 14.16 - 23.31 +1.87 14.15 - 23.31 - 78.81 - 28000 - 37333 - 42333
NOV25 12.40 -8.61 13.17 +0.95 13.36 +1.90 14.31 +1.92 14.32 +1.92 14.32 - 23.53 +1.90 14.31 - 23.53 - 78.55 - 30000 - 39667 - 44000
3Q25 12.41 -8.97 13.13 +0.52 12.93 +0.99 13.40 +1.03 13.44 +1.03 13.44 - 23.84 +0.99 13.40 - 23.84 - 78.27 - 24611 - 24222 - 33556
4Q25 11.99 -8.65 13.17 +1.34 13.33 +2.30 14.29 +2.31 14.30 +2.31 14.30 - 23.30 +2.30 14.29 - 23.30 - 78.82 - 32667 - 43667 - -
1Q26 12.31 -8.63 13.50 +1.14 13.45 +1.98 14.28 +1.99 14.29 +1.99 14.29 - 24.19 +1.98 14.28 - 24.19 - 77.97 - 26000 - 30000 - -
SUM1 12.36 -8.81 13.15 +0.82 13.17 +1.49 13.84 +1.51 13.87 +1.51 13.87 - 25.49 +1.49 13.84 - 25.49 - 77.12 - 28639 - 33945 - 42944
WIN1 12.24 -8.56 13.51 +0.46 12.69 +1.13 13.37 +1.14 13.37 +1.14 13.37 - 24.74 +1.13 13.37 - 24.74 - 76.30 - 25084 - 30667 - 35500
SUM2 10.82 -6.76 10.91 +1.25 12.07 +1.50 12.32 +1.51 12.33 +1.51 12.33 - 20.99 +1.50 12.32 - 20.99 - 75.78 - 34251 - 42668 - 53834
WIN2 10.85 -6.71 11.18 +0.29 11.14 - - - - - - - 24.21 - - - 24.11 - 78.37 - 35000 - 41000 - 49667
2026 9.03 -7.18 11.63 +3.35 12.38 +3.99 13.02 +3.99 13.02 +3.99 13.02 - 22.04 +3.99 13.02 - 22.04 - 75.58 - 29667 - 36667 - 44667
2027 11.01 -5.57 9.43 -0.35 10.66 - - - - - - - 17.38 - - - 17.38 - 73.50 - 35000 - 41000 - 49667
2028 9.02 - - +0.11 9.13 - - - - - - - 17.80 - - - 17.80 - 71.15 - - - - - -
2026 7.83 - - +4.55 12.38 +5.18 13.02 +5.19 13.02 +5.19 13.02 - - +5.18 13.02 - - - 69.52 - - - - - -
 
JUN25
JUL25
AUG25
SEP25
OCT25
NOV25
3Q25
4Q25
1Q26
SUM1
WIN1
SUM2
WIN2
2026
2027
2028
2026