Global LNG Markets

Navigating global LNG markets across two basins

The LNG market spans two great basins — the Atlantic and the Pacific — linked by arbitrage and priced against JKM, TTF and NBP. EnergieConforme reads these markets to time and place cargoes where they create most value.

Two basins, one increasingly global market

Atlantic-basin supply (US Gulf, West Africa, North Africa) and Pacific-basin supply (Qatar, Australia, increasingly the US) compete to serve European and Asian demand. When the JKM–TTF spread widens, cargoes flow east; when it narrows, they stay west. This arbitrage defines the modern LNG market.

We monitor supply ramp-ups, demand seasonality, freight rates and benchmark spreads to position cargoes and advise counterparties.

Key market drivers we track

Price benchmarks

JKM (Asia), TTF and NBP (Europe), and Brent-linked oil formulas.

Basin arbitrage

Atlantic–Pacific spreads and the freight that makes them tradable.

Supply & demand

New liquefaction capacity, seasonality and structural demand growth.

Market intelligence into action

Destination optimisation based on real-time basin spreads.
Term vs spot strategy aligned to the forward curve.
Freight and shipping cost analysis for delivered economics.
Risk management against benchmark volatility.

Frequently asked questions

What are JKM and TTF?

JKM is the main spot LNG price benchmark for Northeast Asia; TTF is the leading European gas hub benchmark. The spread between them drives inter-basin LNG arbitrage.