East Asian spot LNG prices climbed sharply between late August and mid-September amid growing global competition for FOB volumes and a deteriorating outlook for alternatives to gas-fired generation in Japan. ›

Gas price rises would become a reality in the event of a Ukrainian gas transit crisis this winter, according to UK energy secretary Ed Davey.   ›

As National Grid hunts extra winter electricity, it is feared four crucial nuclear reactors may be offline until the year’s end. ›

Traders are bracing for higher European natural gas prices as the worsening conflict between Russia and Ukraine threatens to disrupt supplies of the fuel this winter. ›

Spot prices of LNG have begun to rebound with the Platts Japan Korea Marker for September delivery gaining $0.30/MMBtu over two days, rising from $10.525/MMBtu on August 7 to close at $10.825/MMBtu on Monday. ›

Gas for Winter delivery in the UK saw intraday gains of more than 4% Friday as the market reacted to news that Ukraine may block flows of Russian gas through its territory. ›

British natural gas prices for delivery next winter rose 2 percent early on Thursday on fears that escalating tension between Russia and Europe could lead to disruptions of gas supply later in the year. ›

European power prices for next year are headed for the biggest monthly gains since September amid concern sanctions against Russia will boost the cost of coal and gas, raising production costs at utilities. ›

British natural gas prices for delivery in late summer and autumn are set to rise in coming weeks as large-scale North Sea maintenance makes it more difficult for utilities to stock up on reserves ahead of peak demand in winter. ›

Easington Rough, the UK’s largest gas storage facility could be full by the end of August if recent injection rates are maintained, an analysis of National Grid data showed Friday. ›