In Iran, the number of victims after the explosion at the seaport rose to 516 people.
26 April 16:08
About the situation on the global gas market
18:17; 21 April 2025 year
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There are two main international natural gas pricing centers: Henry Hub in the USA and the Dutch hub TTF Gas.
1. Natural Gas in the USA (NG).
The reference cost of gas in the United States is the price of the Henry Hub storage facility located in Louisiana. The unit of measurement is British Thermal Units (BTU); the current value has dropped to $3.1 per million BTU. To convert this price to the generally accepted equivalent of 1,000 cubic meters, an estimated coefficient of 35.8 is used. It is important to note that this price reflects the net cost of raw materials without taking into account the costs of liquefaction, transportation and reverse regasification. Accordingly, consumers in the United States pay much more for gas. On the Moscow Stock Exchange, such contracts are designated by the NG-11.25 code and similar combinations of numbers and letters.2. European gas.
European gas auctions are held mainly at European gas hubs, the largest of which is DUTCH TTF NATURAL GAS. This Dutch exchange is the leader of the European gas market due to the trading volume exceeding the domestic needs of the Netherlands by more than 14 times. About 20 trillion cubic meters of gas are sold here annually.
Current gas prices (TTF Gas) have adjusted to the level of $ 413 per thousand cubic meters.
It is necessary to take into account the high seasonality of demand for natural gas, due to a significant increase in consumption during the winter heating period. The review was presented by Alexey Grishchenko, Doctor of Economics, Professor of the Department of Operational and Industry Management at the Graduate School of Management of the Financial University under the Government of the Russian Federation.
