Natural gas is evolving to become a truly global commodity, driven by the commoditization of liquefied natural gas (LNG). Surging shale production has made North America a key exporter, while Asia’s long-term legacy LNG contracts need renewing - dynamics which reinforce the strength of ICE’s global gas portfolio. We offer liquid, global energy markets, including the broadest range of natural gas benchmarks from the US and Canada, to Europe and Asia.
Since natural gas can replace other fuels, its complex price formation requires access to a broad range of energy benchmarks across production and delivery locations. As the only global energy exchange and home to Brent- the global barometer for crude - we have a depth of liquidity, tools and data for your risk management needs. We also operate the leading marketplace for electricity, coal and environmental products across key geographies.
In North America, our natural gas basis markets have become representative of regional volatility and transparent pricing, as Henry Hub diverges from pricing at key Shale basins. In Europe, we are the most liquid on-exchange marketplace for trading and hedging through the UK NBP and Dutch TTF futures contracts. And in Asia, where underdeveloped infrastructure means LNG is a key source of natural gas, our JKM LNG futures contract has become the benchmark for pricing across the region.
ICE expanded its natural gas offering through its acquisition of NGX, which provides electronic trading, central counterparty clearing and data services to the North American natural gas, electricity and oil markets.
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|JKM||Recent OI Activity|