The Evolution of Natural Gas | Markets, Explained
Natural gas has transformed over the past decade, with the move to a global market carrying implications for trade, risk management, and energy competition between nations. So, what is liquefied natural gas and what are the drivers of this profound shift?
Find out in episode 2 of Markets, Explained.
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Trade the global natural gas market
Recognized as the most trusted name in energy derivatives, ICE offers a comprehensive suite of natural gas benchmarks and trading hubs.
Click the pins on the map or the contract symbols below to learn more about each contract.
Global natural gas products
North American Financial Gas
ICE's industry leading North American Financial Gas markets create opportunity by providing access to over 70 regional trading hubs, each defined by distinct geographic market dynamics.
Henry Hub
AECO
AECO, the Canadian natural gas benchmark on the Nova Gas Transmission Ltd. system, represents one of North America’s largest hubs with substantial production, storage, and export pipeline capacity.
TTF
The Title Transfer Facility (TTF), the global natural gas benchmark in the Netherlands, offers highly liquid futures contracts for managing long-term exposure to European natural gas prices, with liquidity available through December 2032.
NBP
The Natural Balancing Point (NBP), Europe’s original UK virtual trading hub, serves as a key price barometer alongside TTF, influencing gas flows within Europe and the wider global market.
JKM
The Japan Korea Marker (JKM), the Northeast Asia natural gas benchmark, reflects prices for gas delivered to Japan, Korea, China, and Taiwan, providing liquid and reliable tools for risk management across Asian and global markets.
Natural gas open interest data center
North American gas futures OI
TTF futures OI
JKM futures OI
NBP futures OI
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