Posted on Dec 14, 2009 in
Markets and Competition,
Regas Terminals & Capacity |
Comments Off on Gas Market Watching U.S.-U.K. Price Spread to Predict LNG Cargo Swings in Atlantic Basin
The Wall Street Journal [subscription required] reports that many natural gas traders are watching the spread between the Henry Hub price in the U.S. market and the United Kingdom’s National Balancing Point price for natural gas. According to the newspaper, many traders believe this price differential is a good predictor for LNG cargo swings in the Atlantic...