Another great looking chart, the latest historical and forward LNG netback prices as at 29 Sep 2021. Next update to the LNG netback price due on the 18th Oct - should be really interesting given the events of the last week.
LNG spot prices have risen 900% in the last 8 (eight) months with S&P Global Platts assessing the current LNG price as above USD50 per mmbtu on Wednesday. The benchmark JKM (Japan Korea Marker) for November deliveries is $56.33/mmbtu as at Wednesday (up US$16.65 in a single day).
1 mmbtu = 1.055 GJ
paywall - https://www.spglobal.com/platts/en/market-insights/latest-news/lng/100621-jkm-lng-prices-cross-50mmbtu-mark-as-european-gas-crisis-intensifies
https://www.theedgemarkets.com/article/lngs-massive-spot-prices-asia-are-paid-few-buyers
https://www.accc.gov.au/regulated-infrastructure/energy/gas-inquiry-2017-2025/lng-netback-price-series
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