Market Data · Indicative
Gas / LNG Dashboard
UK NBP, European TTF, US Henry Hub and the Asian LNG marker — the four prices that set the global gas balance, with the signals that connect them.
Hub prices
UK Natural Gas (NBP)
European Gas (TTF)
Henry Hub Gas
LNG Asia Marker (JKM proxy)
Source: Sample series shaped on public EIA/IEA ranges (indicative) · Updated: 2026-07-03 · manual
LNG Signal
neutralBalanced — new supply vs Asian demand
New liquefaction capacity ramping while Asian spot demand stays price-sensitive. European storage refill pace is the swing factor.
The global gas system in one paragraph
Gas is now a globally arbitraged market: US Henry Hub sets the cost of new LNG supply, European hubs (TTF, NBP) set the price of security, and Asian demand sets the competition for cargoes. The spreads between these hubs — minus freight and regasification — decide where every flexible cargo sails. Premium members get this arbitrage picture, storage trajectories and LNG equity implications in the daily briefing.
Frequently asked questions
Why do UK and European gas prices track each other?
Britain and continental Europe are physically connected by interconnectors and compete for the same LNG cargoes. NBP and TTF therefore usually move together, with spreads reflecting interconnector capacity, storage and local weather.
What is the JKM LNG marker?
JKM (Japan-Korea Marker) is the benchmark spot price for LNG delivered into North-East Asia. It sets the arbitrage against European hubs and drives where flexible cargoes flow. Licensed assessments are required to display live values, so we show a labelled placeholder.
How does LNG affect UK energy security?
As UKCS production declines, Britain increasingly relies on imported LNG competing in a global market. That links UK household and industrial energy costs to Asian demand and global shipping conditions — a core theme in our UK Energy Security coverage.
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Not financial advice — capital at risk. All data labelled with source and freshness.