Monthly global LNG benchmark price 2022-2024
The global LNG benchmark price amounted to 8.99 U.S. dollars per million metric British thermal units in March 2024. Prices rose significantly throughout 2022 as a result of supply issues relating to the Russia-Ukraine war, but have since decreased. In 2023, the worldwide natural gas price index was at times less than a fourth of what it had been in 2022.
The largest LNG importers are countries in Asia and the global LNG benchmark is thus a reflection of trading in the Asian market, particularly for Indonesian LNG in Japan.
The largest LNG importers are countries in Asia and the global LNG benchmark is thus a reflection of trading in the Asian market, particularly for Indonesian LNG in Japan.
