A- Bisnis, JAKARTA — The government has revised its policy on gas prices for specific industries and eliminated the previous maximum price cap of $6 per million British thermal units (MMBtu). The adjustment to gas prices refers to the Minister of Energy and Mineral Resources Decree Number 91.
LONDON, April 6 (Reuters) - Asian spot liquefied natural gas (LNG) prices remained flat this week at the lowest level since July 2021 on muted demand and solid inventories in China, Japan and
JAKARTA, April 27 (Reuters) - Indonesia has passed a new regulation to cap gas prices for power plants at $6 per million British thermal units (mmBtu), an official document published on
Renewed interest in spot buys. India's LNG imports fell 9.12% to 29.29 Bcm in 2022, showed data from the Petroleum Planning and Analysis Cell. Spot activity has been mostly muted on high prices since the war, but the potential of a gas-based economy remains high in India if LNG prices are in the $10-$15/MMBtu range, an industry source said. In the same week last year (week ending April 13, 2022), the prices were $33.12/MMBtu in East Asia and $32.91/MMBtu at TTF. Natural gas plant liquids (NGPL) prices: The natural gas plant liquids composite price at Mont Belvieu, Texas, rose by 9 cents/MMBtu, averaging $7.44/MMBtu for the week ending April 12. Weekly average ethane prices fell 3%
The price at TTF averaged above the East Asia price this week, after dropping below East Asia last week. Historically, the natural gas prices in East Asia average above natural gas prices in Europe. In the same week last year (week ending April 21, 2021), the prices in East Asia and at the TTF were $7.75/MMBtu and $7.49/MMBtu, respectively.
Price - Chart - Historical Data - News. US natural gas futures extended losses below the $2.4/MMBtu mark, hitting their lowest point since mid-June, stemming from record output levels and revised forecasts indicating milder weather and decreased heating demand compared to previous estimates. Meteorologists predicted that warmer-than-usual
The government is already working on a new gas pricing policy for industrial customers to bring down their prices to around $6 per mmBtu, from $8-$9 per mmBtu, to lower the energy costs of manufacturers. Advt
According to Bloomberg Finance, L.P., weekly average front-month futures prices for liquefied natural gas (LNG) cargoes in East Asia decreased 76 cents to a weekly average of $13.33/MMBtu. Natural gas futures for delivery at the Title Transfer Facility (TTF) in the Netherlands decreased $1.13 to a weekly average of $11.22/MMBtu.

The South Louisiana regional average price increased $12.34/MMBtu, from $3.62/MMBtu last Wednesday to $15.96/MMBtu yesterday, the highest price on record. California prices are mixed, reflecting differing sources of supply. The price at SoCal Citygate in Southern California, which sources much of its natural gas from western Texas, increased

Get in-depth information about Natural Gas Futures including Price, Charts, Technical Analysis, Historical data, Reports and more. Bahasa Indonesia; 10,000 MMBtu . Tick Size 0.001 . Tick Value 10 . Base Symbol NG . Point Value 1 = $10000 . Months FGHJKMNQUVXZ .
Citations (1) References (5) Figures (2) Abstract and Figures Natural gas is the primary commodity of Indonesia's energy supply and an important policy issue. Domestic gas demand is Indonesia's oil and gas regulator BPMigas expects China to pay $5-7 per MMBTU for liquefied natural gas (LNG) supplied from Tangguh LNG in Papua. Rudi Rubiandini, deputy operational control of BPMigas, said LNG export price to Fujian, China should be higher than average domestic gas price of $5 per MMBTU. He said that domestic price of gas
The post-pandemic demand recovery looks set to exacerbate the current divergent narratives between global natural gas supply and demand, further tightening the market and adding more upward pressure on prices. Gas production in markets where historical data is available through the first two months of 2022, is shown to have risen 3.1% on year
According to Bloomberg Finance, L.P., weekly average futures prices for liquefied natural gas (LNG) cargoes in East Asia increased $1.97 to a weekly average of $32.98/MMBtu, and natural gas futures for delivery at the Title Transfer Facility (TTF) in the Netherlands, the most liquid natural gas market in Europe, increased $2.94 to a weekly
The natural gas plant liquids composite price at Mont Belvieu, Texas, rose by 16¢, averaging $7.10/MMBtu for the week ending September 6. The price of ethane fell by 5%. The price of natural gasoline, propane, butane, and isobutane rose by 3%, 5%, 4%, and 3%, respectively. more summary data. Prices/Supply/Demand: Price movements mixed this week.
Natural gas falls 4.9% to $2.311/mmBtu, its lowest settlement since June. The EIA cut its estimate for average spot prices at Henry Hub-the delivery point for Nymex gas contracts-by more than The Platts JKM has averaged $34.002/MMBtu to date in 2022 compared with $15.034/MMBtu in 2021. "JKM prices are forecast to average $23.0/MMBtu in summer 2023 and $27.40/MMBtu across the whole year," said James Taverner, Research and Analysis Senior Director, Gas Power & Climate Solutions at S&P Global. This propelled prices to over USD 10.00 per MMBTU from its usual hovering price of around USD 3.00 per MMBTU. While this is high, it's still below the historical peak of USD 20.81 per MMBTU in 2005. Why Are Liquefied Natural Gas Prices High? In 2022, prices of LNG look to remain relatively stable as the year progresses. qAwkm.