Titan LNG Weekly Prices
The pricing of LNG compared to other fuels is not difficult. The pricing functions differently compared to traditional fuels.
LNG commodity prices in Europe are linked to the Title Transfer Facility (TTF). This is the trading point for natural gas in the Netherlands. Prices are published on www.theice.com and assessed by various pricing agencies. LNG can be contracted on spot or long term.
The delivered LNG prices for longer term contracts are typically based on TTF Month Ahead. Month Ahead price is determined by the average of the closing prices for the Month Ahead contract over a trading month. The average is taken for all trading days of the month immediately preceding the delivery month. This means that the price is known in advance for the whole delivery month. TTF is typically priced in Euro per MWh and a fixed conversion factor is used to calculate the price per MT basis the High Heating Value of LNG.
Unlike oil prices, LNG and gas are not based on mass but on actual energy delivered. In our premium access, an easy conversion tool can be found, together with more detailed prices, and LNG price graphs.
Prices are based on longer contractual obligation with an underlying floating benchmark. Published prices may not entirely reflect spot market.
Latest Update: April 12, 2021
|Delivered on board||250 MT||1000 MT|
|*Amsterdam, Rotterdam and Antwerp.|
|Barge ARA* Region||410||403|
|LNG bunker vessel ARA region||426||Premium Only|
|LNG bunker vessel North Sea Range||Premium Only||448|
|LNG Bunker vessel Baltics||456||Premium Only|
|LNG Bunker vessel Med||Premium Only||Premium Only|
|LNG Bunker vessel SE Asia||----- Subject Inquiry -----||----- Subject Inquiry -----|
|Delivered on board||20 MT||150 MT|
|*truck volume is ~21 MT in ARA, ~17MT in DE & FR per trailer, multiple truck deliveries on request.|
|Truck-to-ship Rotterdam*||433||Premium Only|
|Truck-to-ship UK, DE, BE, NL & FR||----- Subject Inquiry -----||----- Subject Inquiry -----|
All prices in EURO per MT delivered, converted using High Heating Value (factor used 15.28 MWh/MT).
Energy Equivalent Content of 1 MT Gasoil = 0.825 MT LNG. Further information can be found in the Conversion Sheet (Premium Access).
* Prices mentioned are excluding engine efficiency applicable for specific engines & applications
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