MARKET INSIGHT NBP Price Linkage Could Be Short-Term Answer in Asia

摘要

With a tsunami of new production capacity on the horizon, and oil and gas price direction extremely unclear, Asian LNG traders are looking for something more certain off which to price short-term trades. Despite efforts in Singapore, Tokyo and Shanghai, Asia still lacks a regional de facto price benchmark or price hub and associated derivatives. So the answer for traders might be to use the UK National Balancing Point (NBP) half a world away.