The crew of the Mi-8 helicopter that crashed in the Orel region was killed.
23 May 16:04
About the situation on the global gas market
19:32; 22 May 2025 year
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1. Natural Gas in the USA (NG).
The reference price of gas in the United States is the value in the Henry Hub storage facility located in Louisiana. The unit of measurement is British Thermal Units (BTU), with the current value being $3.3 per million BTU. To convert this price into the generally accepted equivalent of 1,000 cubic meters, an estimated coefficient of 35.8 is applied. It should be emphasized that the indicated price represents the net cost of raw materials and does not include the costs of liquefaction, transportation and subsequent regasification. Thus, the end user in the United States pays for gas at a significantly higher price.On the Moscow Stock Exchange, gas contracts are designated by the NG-11.25 code, etc., by combinations of numbers and letters.
2. European gas.
Gas trading in the EU takes place at gas hubs, the most important 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) are at $430 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.